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Fact Sheets: Water Privatization

Fact Sheets Count: 27
August 31, 2012

Allentown’s Water Gambit: An Irresponsible and Risky Lease

Allentown is considering a risky and potentially very costly ploy to raise money to cover some of its pension liabilities. Mayor Ed Pawlowski has proposed a 50-year lease of the water and sewer systems that he hopes will produce $150 million to $200 million in upfront cash for the city.1 This money, however, is not cheap. Any upfront payment that the city receives is a costly loan that households and local businesses will repay through their water bills for decades. While Allentown’s fiscal difficulties are certainly serious, the city must address the issue directly and avoid budget gimmicks like water privatization that will increase costs for generations of Allentonians.

June 27, 2012

Don’t Bet on Wall Street: The Financialization of Nature and the Risk to Our Common Resources

All too often when an economist or banker looks out at an expanse of virgin forest or free-flowing river, she doesn’t see nature — she sees “natural capital.” This concept promotes the view that our natural resources should be attached a value and managed using market-based principles of supply and demand. It is the cornerstone of the “green economy” that many free-market proponents and market-oriented environmentalists assert will provide environmental sustainability.

June 8, 2012

The Top Five Reasons to Keep Illinois’’s Water in Public Hands

Illinois communities need local, public control of their drinking water and wastewater systems to be able to ensure safe and affordable service.

June 6, 2012

Water for the Public, Not for Profit: Why Maine Should Hold Groundwater in the Public Trust

To protect Maine’s groundwater and the general public’s best interest, Maine should hold its groundwater in the public trust.

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