With private investors poised to profit from water scarcity in the west, US senator Elizabeth Warren and representative Ro Khanna are pursuing a bill to prohibit the trading of water as a commodity.
The lawmakers will introduce the bill on Thursday afternoon, the Guardian has learned. “Water is not a commodity for the rich and powerful to profit off of,” said Warren, the progressive Democrat from Massachusetts. “Representative Khanna and I are standing up to protect water from Wall Street speculation and ensure one of our most essential resources isn’t auctioned off to the highest bidder.”
