Ceres Sustainability Podcast

Reaching the Boiling Point: Hidden Water Risks in the U.S. Municipal Bond Market

Informações:

Sinopsis

Growing water scarcity in many parts of the United States is a hidden financial risk not only for companies who rely on massive amounts of water to operate their business, but also for investors who buy the water and electric utility bonds that finance much of the country's vast water and power infrastructure. Las Vegas, which gets 90% of its water from nearby Lake Mead, could lose their entire drinking supply overnight due to receding lake levels and increased drought – affecting the communities and industries that rely on that water for everything from drinking to generating enough power to light up the strip. Similar scenarios across the country are forcing companies, municipalities and investors to re-evaluate current and future risks to our water supply, including the high costs associated with finding new and better ways to get water to the places that need it.This episode, we are joined by Ceres’ own Sharlene Leurig, senior manager of Ceres’ insurance program and author of the report The Ripple Effect: