Progress has been made, for sure between 19, 2.6 billion people in developing countries gained access to clean drinking water. Globally, 785 million people lack access to clean water 2.1 billion people don’t have clean drinking water in their homes. But all I have to do is utter the words “Flint, Michigan” or “ Colorado River water shortage” to remind you that not everyone is so fortunate, even here in the U.S. It’s the most abundant resource on the planet after all, and it’s normally cheap – $2 per 1,000 gallons, for the average American. The water quality has improved of late, but they pay through the nose for it – like more than $100 a month. He lives with his family adjacent to a popular ski resort, surrounded by neighbors who are stuck with the same problem. No, he’s not the Grinch, living alone in some cabin with his dog. A good friend of mine who lives on top of a mountain in Vermont doesn’t have consistent access to clean water. Water stocks have been great performers over the last few years, and there’s a good reason why.
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