One nation’s substantial gain will be the loss of millions of others.
Some life-altering decisions must be carefully considered, especially when they could tip the scales under certain circumstances.
While one nation will be celebrating a sustainable triumph, the gigantic water change is a gamble for others down the road.
You have to risk it to get the biscuit, but is the potential demise of other people truly worth it?
How the world has entered an era of bankruptcy
The fight against climate change is the greatest and most devastating battle of all time.
However, it seems the world is gradually losing, despite its best efforts.
At first, a few environmental “hiccups” were the only problems to address. Now, the climate crisis has led to a concerning systemic collapse.
Vital resources are depleting, emissions refuse to abate, and nations are grasping at straws to survive.
Unfortunately, the world is now staring bankruptcy in the face.
It was no accident, but the result of a century-long “spending spree” with natural capital.
This capital is none other than freshwater. The global economy was under the illusion that it was infinite and interest-free.
Ancient aquifers were over-extracted, taking millennia to recharge, and chemical runoff polluted precious water basins.
Freshwater wealth has been spent faster than the planet can replenish it. Now, the world must stare a sobering credit line in the face.
Determining the scale of the global water insolvency
Of all the eras to be a part of, this one will certainly be the most difficult. The UN has issued its first-ever global “bankruptcy” warning, highlighting the scale of the issue.
The Global Water Monitoring Report put the systemic liquidation into numbers: Annually, nearly 324 trillion liters of freshwater are lost.
That is like four of the biggest flowing rivers in Western Europe vanishing each year.
The National Interagency Fire Center’s Seasonal Outlook confirmed that nearly 43% of the U.S. is experiencing some form of drought. However, the world is not facing a temporary “drought.”
It has departed from hydrological norms that have sustained modern civilization.
Even the planet’s high-altitude “water towers” are continuously melting, spiking the interest rates on survival. Glaciers have lost an estimated 25% of their mass since 1970.
Billions of people rely on mountain meltwater, which is why one nation has decided to start stockpiling.
The balance of the Great Himalayan stockpile
China is the nation that literally gives a “dam,” moving from management to consolidation.
The centerpiece of its centralized stockpiling effort will be the $170 billion mega-project Motuo Hydropower Station. To put its size into perspective, the Himalayan dam will outscale the Three Gorges.
The project is part of China’s 2060 net-zero goals and will reportedly produce 300 billion kWh of power annually.
The station will rely on a section of the Yarlung Zangbo River that drops 6,561 feet within just 30 miles.
The hidden costs of China’s high-altitude freshwater “vault”
Unfortunately, this record-level stockpile requires a clean slate. Since 2000, the 193 dam projects planned or constructed in Tibet could displace up to 1.2 million Tibetans.
“Green” dams risk becoming methane emitters due to decomposing submerged vegetation in new reservoirs.
This “vault” becomes a geopolitical weapon against the 1.8 billion people downstream in India and Bangladesh. China could thus trigger “dry-season droughts” or sudden “water bombs” at any given moment.
China’s substantial freshwater and clean energy gains are thus the loss of millions.
As global water bankruptcy looms, the $170 billion Motuo project proves that to survive, you must own the bank.
The Chinese are risking a regional “dry-up” to secure their zero-carbon future. But why must others also risk it for them to get the biscuit?
Experts have already warned that the Asian Water Tower is fading. To avoid a global chain reaction, why not invest in other renewables instead?
