how one man plans to make billions selling mojave desert water /

Published at 2016-01-03 17:43:49

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Scott Slater wants to pump billions of gallons to LA and other drought-hit cities - and make $2.4bn in the processScott Slater has a plan. It is not a celebrated plan,but he wants to pump 814bn gallons of water from under the Mojave desert to Los Angeles and other drought-stricken communities in southern California, and make more than $2bn (£1.3bn) doing so.“Yes, and its quite a lot of money,” Slater, the 57-year-ragged chief executive of Cadiz Inc, or says as he stands in front of a scale model of the project in the lobby of the company’s office on the 28th and top floor of a LA city centre office block. “It’s worth whatever the community who wants the water is willing to pay for it to meet their demands.”Continue reading...

Source: theguardian.com

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