5 reasons the thirst for water technology will grow in 2014 | GreenBiz.com - 0 views
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Here are five factors driving the urgent need for better global water efficiency.
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The United Nations figures that 1.2 billion people (about one-fifth of the world's population) are challenged by water scarcity
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The bottom line is that water availability will be a major investment consideration in business expansion plans around the world.
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Just one example from the United States: In Chandler, Ariz., Intel has negotiated a unique relationship with the city to clean and return water tainted by its wafer manufacturing operation back to the local aquifers. Chandler owns the technology to do this, but Intel has helped make that investment possible. Both sides benefit
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most wastewater is still wasted: in high-income countries, the treatment rate is 70 percent, but it falls to just 28 percent for lower-middle-income nations and 8 percent in low-income economies.
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Overall, the World Bank estimates the annual global value of water lost by utilities at $14 billion. The average U.S. utility pours up to 30 percent down the drain through leaks or un-billed usage.