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Food & Water Watch

Water Baron concedes defeat on front page of Wall Street Journal

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water

“It’s a very local business.”

Harry Roels, CEO of one of the largest multinational corporations in the world, RWE, conceded this fact today in a Column One article on the failures of privatized water systems. It seems he’s finally realizing something that people around the world have understood for millennia.

The story highlights the local campaign waged by residents of Felton, CA to bring local ownership and accountability to their water system. It’s truly inspiring to see the hard work of so many people reaching millions of readers around the world.

Click here to read the story, Dry Hole: Great Expectations For Private Water Fail to Pan Out --- Under Fire, Germany's RWE Plans to Exit U.S. Market; Global Ambitions Thwarted --- An Uprising in California Town.

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