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Pros And Cons Of Water Privatization

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There has been an on-going debate regarding whether water should be privatizes or should it remain public. The reason for why communities have placed their water in the hands of private companies include the decrease in public revenue, he costs for capital improvements, and the idea that private companies generally run system more efficiently. The main reason for why privatization is considered is because there is a lack of public funding and the investments needed to maintain our country’s drinking-water system is expected to be as much as 1 trillion dollars over the next 25 years. In private companies, the goal is usually to improve profits and improve efficiency. As a result, a large amount of capital will be use to invest in new technology
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