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Water, Energy and Climate Change : A Contribution from the Business Community
There is an intricate link between water, energy and climate change. Water and energy are used to produce crops, which can, in turn, be used to generate energy through biofuels.
The study estimates that every million gallons of freshwater pumped requires from 540kWh from a depth of 35m and 2,000kWh per million gallons from 120m.
Global primary energy demand is projected to rise over 50% by 2030 and water withdrawals are predicted to increase by 50% in developing countries by 2025, and 18% in developed countries.
Since climate change is set to amplify already intense competition over water and energy resource businesses, business leadership needs to adopt a policy framework to deal with the impending crisis.