Pricing water: Old Core v. New

WORLD NEWS: "China Cities Raise Water Price in Bid to Conserve," by Andrew Batson, Wall Street Journal, 31 July 2009.

Just an interesting chart that show Old Core economies tend to price water a lot higher than New Core ones.

So it's Germany (88g of water bought by $1USD) and UK (111) on the stingy/pricey side of the equation and Brazil (406) and China (840) at the generous/low-cost side.

As so often is the case, America is more New Core than Old, at 357g. Sensible and water-rich Canada sits in the middle at 257g.

Gist of article: China is trying to change its wasteful ways on water.