Dairy farmers in Texas and New Mexico say consumers can expect a milk shortage.» Read More
The Government Accounting Office believes 40 of the 50 states will be dealing with water scarcity by the year 2025. Seth Siegel, author of "Let There Be Water," discusses the expense to fixing water systems.
SAN JUAN/ NEW YORK, Aug 24- Potential buyers of bonds being sold by Puerto Rico's water authority, PRASA, want stronger protections in the event the agency becomes insolvent, people close to the matter said, as the island's government tries to assure investors it does not need restructuring. PRASA's $750 million bond sale, initially slated to price last week, has...
With California mired in drought, it might seem odd there's a dam demolition underway.
CNBC's Jane Wells reports on the aging underground water pipe infrastructure in America. According to the American Water Works Association, there are nearly a quarter million water main breaks per year.
Aug 18- Puerto Rico may attract high-yield municipal closed-end funds to its first sale in public markets since its governor said in June that the island's debt was unpayable, Fitch Ratings said on Tuesday ahead of the $750 million sale of water authority bonds. A return of municipal closed-end fund managers to Puerto Rico would be a source of liquidity for the...
Aug 17- Puerto Rico is to conclude its presentation to investors regarding an upcoming sale of revenue bonds from its water authority PRASA later on Monday, the governor's chief of staff Victor Suarez told reporters. PRASA last week filed to sell $750 million in revenue bonds to fund various system improvements and refinance loans, according to an offering...
Aug 17- Puerto Rico's planned $750 million bond sale by its water authority, expected to hit the market this week, was rated' CC' and put on rating watch negative by Fitch Ratings Monday. The bond sale for the Puerto Rico Aqueduct& Sewer Authority, the biggest scheduled for this week, follows a failure by Puerto Rico to make a full payment due on bonds sold by its Public...
Aug 17- Puerto Rico is to conclude its presentation to investors regarding an upcoming sale of revenue bonds from its water authority PRASA later on Monday, the governor's chief of staff Victor Suarez told reporters. The governor's chief of staff Victor Suarez also said officials will meet on Monday to talk about the government's liquidity options and will...
Puerto Rico, already hobbled by debt, is weighed down by outdated infrastructure that has increased the cost of doing business on the island.
While California's four-year-long drought has been a boon to some industries, its been a bust for others.
University of Texas Houston Kristina Mena, provides insight to a new investigation showing water quality at the Rio Olympics is contaminated.
Beijia Ma, thematic investment strategist at Bank of America Merrill Lynch, explains what investors can do to make money from California's water crisis.
California may be thirsting for more drops of water, but water utilities in the state—and elsewhere—are doing great.
CNBC's Jane Wells reports on a new software which tells you how much water you're using compared to your neighbors.
CNBC's Jane Wells reports some California residents are suing the state after water restrictions.
A major battle is brewing in drought-stricken California, after nearly 70 percent of those ordered to curtail usage have not complied, reports CNBC's Jane Wells.
Former Iowa Gov. and U.S. Agriculture Secretary Tom Vilsack, (D), discusses efforts to preserve water resources in California.
The EPA is releasing information on the impact of fracking on ground water, with CNBC's Eamon Javers.
Lake Tahoe is full of water, but officials say it won't last because of the drought; and insight to water distribution costs, with CNBC's Jane Wells.
Despite extreme drought conditions causing restrictions in California, water itself isn't so expensive in the Golden State.