AndyMukherjee, The Standard (Hong Kong)
February 9, 2007

Commentary If water were a globally traded commodity, with unmet demand in China and India reflected in its price, the world might shed its newfound craze for biofuels. It is bad enough that some of us need ethanol distilled in Scotland to lubricate our evenings. Growing corn to make ethanol to run sport-utility vehicles is downright silly; nowhere more so than in China and India. … How serious is the shortage? “The only thing that worries me about the China story is the water problem,” said commodities investor Jim Rogers, chairman of Beeland Interests in New York and a fan of China. “If China cannot solve the water problem, that could be the end of the story,” said Rogers … “The downside of growing food for fuel is water,” Fred Pearce, an environmentalist and the author of the 2006 book When the Rivers Run Dry. Read the full story.