WATER

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NY governor in hot water, 2nd-in-command steps up

With Governor David Paterson enveloped in scandal, New York's lieutenant governoris leading the notoriously difficult budget process and freeing up his boss to fight for his political life, experts say.

Vineyard breakthrough wins water startup prize

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A Web application that alerts wine grape farmers when their vines are thirsty has won first place in a competition to spur entrepreneurs in the investment-starved water sector, organizers said on Monday.
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Natgas drills seen causing spike in NYC water bills

New York City residents could see their water bills spike by $367 a year if the federal government forces the city to build a $12.3 billion filtration plant, a report said on Thursday.
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Dow Chemical looks for growth in water sector

Dow Chemical Co's buyout of Rohm & Haas earlier this year could help transform its small water business into an economic river, though the recession and enormity of sifting through thousands of potential products could slow its ambitious plans.
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U.S. bank regulators water down securitization plan

U.S. bank regulators on Tuesday approved a watered-down version of a proposal to jump-start the securitization market while boosting standards to avoid abuses that contributed to the economic crisis.
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Coke says green strategy will win business

Having an integrated clean technology strategy will be a big part of winning business in the 21st century, a Coca-Cola executive told Reuters.com on Monday, and its investments in refrigeration will likely have the biggest impact on that strategy long-term.
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Brazil's OGX finds oil in shallow water off Rio

Brazilian oil upstart OGX said on Friday it had found a 50 meter column of hydrocarbons with net pay of 15 meters from a well it is drilling in the BM-C-41 block in the Campos basin.
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Japan trading giants to tap $1 trillion water market

Japan's trading houses, which made fortunes from heavy bets on coal and iron ore, see water as their next big investment target as industrialization and urbanization in emerging economies boost demand for clean water.
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Thai Eastern Water sees 2009 net profit up 40 pct

Thailand's Eastern Water Resources said on Tuesday it expected its net profit to rise 40 percent in 2009, better than analysts' forecasts, thanks to lower costs and a price increase.
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Pennsylvania lawsuit says drilling polluted water

A Pennsylvania landowner is suing an energy company for polluting his soil and water in an attempt to link a natural gas drilling technique with environmental contamination.
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Copenhagen on Water – Copenhagen, Denmark

Climatic changes apparently cause the Danish weather to fluctuate from one extreme to the other. At this point, a very early summer has stabilized itself, creating ideal conditions for an ongoing renaissance of Copenhagen's old harbor and canals.
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10 of the World’s Most Unique Fountains

Many of us enjoy the rhythmic sound of water. Spraying water. Rushing water. Trickling water. The sound of water gently lapping at a shore or raindrops on the roof of our home. We have water
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NASA LCROSS mission Impact (VIDEO, IMAGES)

NASA said on Friday it is too early to tell if it detected water-ice on the moon as a result of the LCROSS mission that fired a rocket into a crater in the moon's south pole this morning.
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Schwarzenegger muscles lawmakers for major water bill

California Gov. Arnold Schwarzenegger desperately wants a bill to fund an overhaul of the state's water system -- so much so he is hinting he may veto more than 700 bills awaiting his signature by midnight Sunday if top lawmakers fail agree to one.
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Water worries threaten U.S. push for natural gas

Louis Meeks, a burly 59-year-old alfalfa farmer, fills a metal trough with water from his well and watches an oily sheen form on the surface which gives off a faint odor of paint.
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Everglades to get water relief from $81 mln bridge

The U.S. Army Corps of Engineers has awarded an $81 million contract to a Florida company to build a road bridge that will help restore fresh water flows in Everglades National Park, nourishing its ecosystem.
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Statoil says field leaking water, cuts oil output

Norway's oil and gas producer StatoilHydro said on Friday that production at its Statfjord C platform in the North Sea was slowed to minimum levels due to a water leak that has shut down satellite fields.
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Water on the Moon proved, study

Scientists have found strong evidence that there is water on the Moon, according to the journal Science's website.
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Water investment outlook still murky

When it comes to water, it is pretty clear to investors that a growing global shortage will bring in new business opportunities.

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