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New Zealand: Council in Drought Prone Canterbury Consents to Foreign Company Extracting 40 Billion Litres of Water – cryptogon.com

The area’s artesian water is increasingly popular in overseas markets such as China, with its New Zealand origin often featuring in branding and marketing.The consent allows the holder to take 45 litres of water a second from local aquifers, totalling more than 1.4 billion litres a year.It expires in 2046, meaning the buyer will gain access to more than 40 billion litres of Ashburton’s pure water.

Source: cryptogon.com » New Zealand: Council in Drought Prone Canterbury Consents to Foreign Company Extracting 40 Billion Litres of Water

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