Why water rights will become the asset class of the 21st century
For a century, the resource that shaped global politics was oil. The next contest is forming around something the market has never properly priced: water. A semiconductor fabrication plant can use about 37.8 million litres of ultra-pure water a day, equal to 33,000 US households. TSMC used 101 milli
AI Translated Summary:
Water is emerging as a critical asset class for the 21st century, surpassing oil in its geopolitical significance. The increasing demand for ultra-pure water in industries highlights the urgent need to address water rights and pricing.
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