The ‘Wild West’ of groundwater: Billion-dollar Nestlé extracting B.C.’s drinking water for free
http://www.theprovince.com/news/Wild+West+groundwater+Billion+dollar+company+extracting+drinking/8785227/story.html
Because of B.C.s lack of groundwater regulation, Nestlé Waters Canada a division of the multi-billion-dollar Switzerland-based Nestlé Group, the worlds largest food company is not required to measure, report, or pay a penny for the millions of litres of water it draws from Hope and then sells across Western Canada.
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No permit, no reporting, no tracking, no nothing, said David Slade, co-owner of Drillwell Enterprises, a Vancouver Island well-drilling company. So you could drill a well on your property, and drill it right next to your neighbours well, and you could pump that well at 100 gallons a minute, 24 hours a day, seven days a week and waste all the water, pour it on the ground if you wanted to
As far as depleting the resource, or abusing the resource, there is no regulation. So it is the Wild, Wild West.
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If you walk into Coopers Foods in downtown Hope less than 5 km away from Nestlés bottling plant and buy a 1.5 litre bottle of Nestlé Pure Life water, it will set you back $1.19.
Thats $1.19 more than Nestle paid to the government last year for withdrawing more than 265 million litres of fresh water from the well.
(Via Idle No More Official on Facebook.)
For a great deal more reading, including video of Nestle's 2005 CEO clearly stating that water is not a human right, it should be taken and sold for profit:
Water privatization by the richest rich is happening now ("hydraulic empire"
incl. the Bush family
http://www.democraticunderground.com/10023406830