30-June-2011

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Water – Larry Jeddeloh

+ Only 2.5% of all water is potable.

+ Around 66% of world’s fresh water supply is in icecaps and glaciers.

+ Demand for water in the US has tripled in the past 30 years, while the population has grown by 50%.

+ US water infrastructure is crumbling, with estimates showing 50% needing replacement in the next 10 years (totaling approx. $1 trillion).

+ China has 21% of world’s population but only 7% of its fresh water.

+ It takes 10X more water to produce an equivalent dietary calorie of beef vs corn.

Tidbits

+ Canada’s CPI jumped to 3.7% YoY in May, the highest level in 8 years. Gasoline prices were up 29.5%, bread up 10.5%, meat up 5.4% and milk up 4.3%. Alberta’s CPI was 2.8% YoY.

+ Canadian government is looking to regulate the technology used to control oil industry emissions by governing the design and equipment employed starting with refineries and oil sands upgraders, eventually covering bitumen production.

+ Brown University study indicates that US cost of war in Iraq, Afghanistan, and Pakistan is at least $3.7 trillion, plus 224,000 to 258,000 lives, including approx. 125,000 civilians. Keep in mind total US debt is approx. $14 trillion.