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Santa Cruz Indymedia

News :: Civil & Human Rights : Environment & Food : Globalization & Capitalism

Felton Passes Measure to Take Back Water Utility

On Tuesday, July 26th, Felton residents passed an eleven million dollar bond, intiating the process of buying back their local water utility. For the past three years, their water service has been owned by a subsidiary of the German-owned, mulitnational corporation, RWE Thames Water.

A spokesman for the company has stated that that they have no intention of selling the utility and hinted at a long, expensive legal battle if Felton residents follow through with eminent domain proceedings

Multinational corporations are buying up water rights worldwide. About five percent of the global water supply is controlled by private companies. This privatization raises concerns, and in some places, like Bolivia, water privatization has caused deadly conflict.

Audio: FSRN: Felton Voters Support Local Water Control

[ Felton Flow || Felton Water News || Water For All ]


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