A Brief Discussion on the Prospects of the Wastewater Treatment Industry
Release date:
2021-09-11
China has historically been a country facing water scarcity, especially in the northern regions, where the shortage is particularly severe. In the future, water resources could become the biggest source of crisis for China’s economic development. This is because the water crisis could jeopardize agricultural production and may also trigger a crisis in drinking water supply.
In ancient China, numerous water-control projects were constructed. For example, canals served not only as irrigation systems but also connected major river systems, nourishing the land in northern China. However, since the Yellow River’s flow has been interrupted, not only has canal-based grain transport disappeared, but also a massive reliance on groundwater extraction for irrigation has emerged. As a result, the North China Plain has experienced widespread land subsidence, and both well water and surface runoff have virtually dried up. In some areas of the North China Plain, water has even been pumped down to depths exceeding 1,000 meters. In certain regions, either funnel-shaped ground depressions have formed or the water sources have almost completely dried up. On top of this, terrestrial water systems have suffered severe pollution, placing the drinkable water supply for China’s 1.3 billion people in grave danger. People can survive without food for three days, but they cannot go a single day without water. Once water resources become a critical issue, it will trigger a national catastrophe, bringing untold suffering upon countless lives!
For water security, we must start protecting water resources from the upstream areas. At the same time, downstream cities need to raise awareness about water conservation, strictly protect water resources, and prohibit industrial polluters from discharging wastewater. Within a 20-kilometer radius of upstream water sources, there must be no polluting industries whatsoever. Large cities located upstream of water sources must adopt the principle of 100% wastewater treatment. In the future, the government could introduce a wastewater treatment compensation mechanism, similar to the carbon trading system, to ensure uniform implementation. As water prices rise, wastewater will become increasingly valuable in the future.
Some local governments, driven by the desire to boost GDP, have been willing to build large-scale chemical plants along the Yangtze and Yellow Rivers—places that offer both convenient transportation and easy discharge of wastewater. Therefore, to ensure drinking water safety, it is essential to start protecting water resources from the upstream areas. At the same time, downstream cities must raise water prices, strictly safeguard water resources, and prohibit industrial polluters from discharging wastewater. Within a 20-kilometer radius of upstream water sources, no polluting industries should be allowed. Large cities located upstream of water sources must adopt the principle of 100% wastewater treatment. In the future, the government could introduce a wastewater treatment compensation mechanism, similar to the carbon trading system, to standardize such practices. As water prices rise, wastewater will become increasingly valuable. Thus, in the long run, the wastewater treatment industry is bound to become a sunrise sector, and it will certainly give rise to tomorrow’s blue-chip stocks.
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