Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Water rich New Zealand points to a bright future

9 March 2011

Water rich New Zealand points to a bright future

“Being ‘water-rich’ means that future trade prospects, and therefore future standards of living, for New Zealanders are very bright,” Water NZ CEO, Murray Gibb told a meeting of the Kapiti Central Combined Probus Club yesterday.

His presentation showed how New Zealand is one of only very few developed countries that are net food exporters. “We are actually a sustainable virtual water exporter,” he said.

“This gives New Zealand a significant strategic advantage for the future as our water and land resources are not under any significant pressure as compared with many other countries.”

He told the audience that most of the water used internationally is for agriculture for food production. It takes around 2,000 to 3,000 litres of water to produce enough food to satisfy one person’s daily dietary needs (about 1 litre per calorie), over and above domestic water consumption (only about 2–5 litres of water are required for an individual’s physiological needs).

“As graphic examples it takes 40 litres of water to produce a slice of bread, 70 litres to produce a single apple, 150 litres to produce a cup of coffee, and 15,000 litres to produce a kg of grain fed beef,” he explained.

Murray Gibb said that internationally demand for water is going up while supply is going down as a result of increasing urbanisation, desertification and overuse of inefficient irrigation. “In fact a third of the world’s countries are already water stressed, and this figure is increasing.

“Yet while there is need for significantly increased food production globally, available arable land per person is decreasing. There is less than 0.2 hectares per person left, half the amount available 40 years ago.”

“It is likely that the current long term trend towards cheaper food will be reversed as mankind starts to run into resource constraints – i.e. shortages of land and water.

“New Zealand is well placed to take advantage of this situation with plentiful water, arable land, and a very sophisticated agricultural sector all contributing to an increasingly valuable export sector.

“Indeed, the outlook suggests that water might be the new carbon, and that New Zealand is sitting in the box seat, for once,” Murray Gibb concluded.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


Contact: Business Drops, New Generation On Hold

New Zealand’s second-largest energy company Contact Energy (‘Contact’) released its full year financial results for the 12 months to 30 June 2020 (‘FY20’) this morning. More>>

Mining: OceanaGold Announces Receipt Of WKP Mining Permit

MELBOURNE, Australia, Aug. 6, 2020 /CNW/ - OceanaGold Corporation (TSX: OGC) (ASX: OGC) (the 'Company') is pleased to announce it has received the mining permit for Wharekirauponga ('WKP') on the North Island of New Zealand. ... More>>

ALSO:

Economy: COVID-19 Lockdown Has Widespread Effects On Labour Market

In the June 2020 quarter, the seasonally adjusted unemployment rate fell to 4.0 percent, down from 4.2 percent last quarter, while underutilisation rose, Stats NZ said today. More>>

ALSO:

NZ Post: New Research By NZ Post Shows Online Shopping Grew 105% In Alert Level 3

New research by NZ Post into how the COVID-19 response has impacted the way Kiwis shop online, shows online shopping increased 105%* when the country moved into Alert Level 3, and may have changed the way Kiwis shop permanently. Online spend peaked ... More>>

ALSO:

Banking: Westpac NZ Lowers Merchant Fees For Small Businesses

Westpac NZ is rolling out a new merchant fee pricing structure that will lead to cost savings for more than 10,000 small and medium Kiwi businesses, and could make contactless transactions more widely available for customers. On 1 September, most ... More>>

REINZ: Million Dollar Plus Property Sales Increase 11.7% Nationally

The number of properties sold around the country for one million dollars or more during the first half (H1) of 2020 increased by 11.7% compared to H1 2019, with 5,426 million-dollar plus properties sold (up from 4,858 in H1 2019) according to the Real ... More>>

Antarctica NZ: Ice-Olation

Antarctica New Zealand is gearing up for a much reduced season on the ice this year and a very different deployment to normal! Before they head to one of the remotest places on the planet, all personnel flying south with the New Zealand programme will ... More>>

ALSO:

QV Valuations: July House Price Index Illustrates Market Resilience

According to the July 2020 QV House Price Index (HPI) results out today , property values recorded a marginal increase, up 0.2% over the month. This is somewhat of a turnaround from June, after the national index edged 0.2% lower. More>>

ALSO:

Property: Queenstown Rents Experience Biggest Drop In Seven Years

Rental prices in the Queenstown-Lakes district saw the biggest annual percentage drop in seven years after falling 28 per cent on June last year, according to the latest Trade Me Rental Price Index. Trade Me Property spokesperson Aaron Clancy said ... More>>

Seismology: The Quiet Earth

As many daily activities came to a halt during lockdown, the Earth itself became quiet, probably quieter than it has been since humans developed the technology to listen in. Seismologists have analysed datasets from more than 300 international ... More>>

RNZ: James Shaw Says Kiwibank, Not Ministers Should Decide On Investors

Climate Change Minister James Shaw says Kiwibank's decision to stop doing business with companies dealing in fossil fuels is the right one. More>>

ALSO:

FMA: Kiwis Confident Financial Markets Will Recover From COVID-19, Plan To Increase Investments

Despite the majority (60%) of investors experiencing losses as a result of COVID-19, the outlook on investing remains positive, according to a Financial Markets Authority (FMA) survey. Most Kiwis (71%) were optimistic that the pandemic will pass eventually ... More>>

FIRST Union: Warehouse Using Covid For Cover As Extensive Restructure Makes Everyone Worse Off

(FIRST Union comments on The Warehouse consultation and proposed restructure) 'Unfortunately the Warehouse have done the disappointing thing and used Covid-19 to justify a bunch of operational business decisions that will leave hundreds of workers without jobs ... More>>

ALSO: