“Shares of American Water Works have gained 9 percent since its initial offering April 23 ... In the same timeframe, shares of Aqua America Inc. shed 4 percent and shares of California Water Service Group slipped 7 percent,” the June 16 AP story said.
But the cities of Providence, RI, and Trenton, NJ are considering selling all or part of their systems to water corporations.
http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=AP&date=20080616&id=8782551
In other countries, Inter Press Service reported June 23 that “Water is flowing back into public hands.”
http://www.ipsnews.net/news.asp?idnews=42922
The mayor of Paris said June 2 that the city will discontinue its 100-year-long contracts with the world's two biggest water service companies, Suez and Veolia, as of Dec. 31, 2009.
"We want to offer a better service, at a better price," Mayor Bertrand Delanoë said. "We also promise that prices would be stable."
The story adds “The list of ‘re-municipalisation’ of water services is long, and includes countries as diverse as Mali in West Africa, Uruguay where water has been brought back into the hands of the state at a national level, Buenos Aires and Santa Fe in Argentina, Cochabamba in Bolivia and Hamilton in Canada, besides other cities in France.”
E-mail Sophie Annan Jensen at This email address is being protected from spambots. You need JavaScript enabled to view it..
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