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Dry Australia To Buy $2.9 Billion Of Water
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Old 05-08-2008, 02:10 AM   #1
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Default Dry Australia To Buy $2.9 Billion Of Water

Given long drought, government to buy water rights from farmers.

CANBERRA, Australia - Australia's government plans to spend about $2.9 billion to buy river water from farmers in a bid to address the country's worst drought in a century.

The spending is the most expensive component of a $12.1 billion, 10-year plan to reduce water waste and improve water efficiency on Australian farms and in cities.

"Climate change means most Australian cities and towns have less water and we can no longer rely on local rainfall to supply all our drinking water," Minister for Climate Change and Water Penny Wong said in a statement Tuesday.

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Dry Australia To Buy $2.9 Billion Of Water

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