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Israel leads in new water tech but lacks its own plan on drought

Source: http://israelnewsletter.com/2009/01/28/israel-leads-in-new-water-tech-but-lacks-its-own-plan-on-drought/
Posted on Wednesday, January 28th, 2009 | In Israel
Contributed by: Zack Miller (http://israelnewsletter.com) -

After the driest January on record, Israel is faced with a huge problem in the form of a multi-year drought.  While fighting wars on multiple fronts and political haranguing, it appears Israel lacks a concrete plan regarding how to address a decreasing water supply in a climate that has not been friendly the past few years.

In fact, at a meeting today, Dr. Yosef Dreizen is expected to tell the “National Investigation Committee Regarding

the Water Crisis in Israel” that there is no plan for water beyond 2010 in Israel.

According to an article in the Jerusalem Post today, Dr. Dreizen said:

“While long-term planning was considered essential, it was never considered practical.  There was never an understanding that after seven years of plenty comes years of drought.” Moreover, he charged, until the transitional plan,  the water economy had no master plan at all for 30 years.

The water crisis has been years in the making.  According to an article in Haaretz:

“The water crisis is entirely our own doing,” says water expert Dr. Peretz Dar, whose water- saving plan was shelved by the Water Authority several years ago. “The government allocated funds for desalination plants but failed to allocate the resources for conservation. We could have reduced consumption by 10 percent and covered a large part of the accumulated deficit in the Kinneret and aquifers,” he says.

Israel is quickly becoming an international destination for clean technologies, including the electric car.  It’s a shame that the same attention isn’t being paid to what’s happening in its own backyard.

Photo credit: Treehugger

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About Zack Miller (http://israelnewsletter.com)
Zack embodies the nexus between asset management, equity research, and new internet distribution technologies. Previously, Zack was an analyst at Oasis Capital Management, a multinational, multi-strategy hedge fund. Zack’s area of expertise is discovering and analyzing undervalued technology stocks, particularly of small-cap companies. Zack holds an MBA from the Kellogg School of Management and a B.A. from Harvard University.

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