Insight: HowMonsanto and the WTO Plan to Buy Up Our Water Supplies

Monsanto plans to earn revenues of $420 million and a net income of $63 million by 2008 from its water business in India and Mexico.

Monsanto estimates that water will become a multibillion-dollar market in the coming decades.

Imagine, that we are beyond the energy crisis-in that we are used to paying double or triple prices for what in the previous century was a small part of the family budget. But now we are faced with a new shortage that taps another precious resource. Water only comes through the tap four hours a day and we are forced to pay ten to hundred times what we paid in the 90s.

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