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First, pricing water can most certainly reduce water use.
However, pricing water does little to stimulate efficiency or ensure best allocation to highest-value uses.Consider the case of the Murray-Darling Basin.
It is hard not to conclude that it would be cheaper and more efficient for both India and China to clean up polluted water, curb demand by pricing water more realistically and, in extremis, move people rather than water.
Pricing Water For The Poor.
Yet, pricing water is a complex and controversial issue for several reasons.
(Paradoxically, one of the ratepayers who worked on the lawsuit intended to make sure water districts aren't pricing water arbitrarily has an exemplary drought-tolerant garden). .
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The key is to price water to reflect the true cost of provision.
Many municipal governments price water well below cost, and therefore struggle to supply it.
A good start to fixing the Murray-Darling basin would be to price water sensibly.
It conflicts to some degree with the economic aspects of water and the need to price water properly.
Yet even there, a new regulatory agency must be established, along with a public policy on how to price water.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com