The Independent is reporting on water shortages in lakes in northern Italy. Water levels there are almost as much down as in the record summer 2003. On the bright side, the area for beaches is increasing… however, water shortages high up in the mountains can not be a good sign.
According to the International Networks Archive at Princeton, such signs are currently taking lightly… according to them, a global crisis of substantial proportions is looming.
Which might be an indicator of human market-focussed economies… such as China… the economy is still soaring… but China’s minister of the environment is expecting the environment to demand its toll soon. Chances are the environment will get what it demands.
Globally, two of the main drilling and reservoir engineering companies Haliburton and Schlumberger recently announced substantial economic growth. “Reservoir engineering” here is to be understood in a very broad sense, and covers also water related engineering tasks.