Replies to post #5402 on Energy Finders Inc (EGYF)

[StocksGoneWild]

Leaking pipes lost the equivalent of $7.6 billion worth of treated water in 2019, and this loss is projected to more than double over the next 20 years, reaching $16.7 billion in 2039. In addition to the impact to households, American businesses most reliant on water will spend $250 billion in 2039 on water service disruptions.

"As a nation, we have deferred crucial investment in our vital water resources for too long and we're seeing the adverse results play out now," said ASCE President K.N. Gunalan "Guna", Ph.D., P.E. "The 2019 investment gap of $81 billion outlined in this report has held back businesses, hurt American pocketbooks and above all, threatened public safety. In addition, investing in water infrastructure now will provide a path to economic recovery that we desperately need as a result of the COVID-19 pandemic. Our leaders must act immediately to ensure our systems do not continue to deteriorate and bare greater costs in years to come."

service disruptions will cost water-reliant businesses an estimated $116 billion by 2029 and will soar to $264 billion by 2039.

August 26, 2020
https://www.asce.org/templates/press-release-detail.aspx?id=38679#:~:text=Leaking%20pipes%20lost%20the%20equivalent,reaching%20%2416.7%20billion%20in%202039.&text=%22Investing%20in%20our%20water%20infrastructure,nation%20allowed%20communities%20to%20flourish.