Entering the stock exchange is the result of a long series of steps.
In the beginning there was …. the ‘petrolization’ of water.
They announced it, proclaimed it since the 1970s. The “petrolization of water” (1) has driven the way we imagine and see water in industrialized and “developed” societies. Thus, in 2020,
black gold (oil) has an “official” companion
, blue gold (water).
The
commodification of water has been at the heart of “petrolization”. Oil is a commodity Water has become a commodity. Oil is a non-renewable resource, water is renewable, but we have made it a qualitatively scarce and dwindling resource for human use., E2) The economic value of oil, the only one that counts in its case, is determined on the stock exchange. The energy policy of our societies is not primarily decided by the public authorities but by the price of crude oil set by the financial markets. With its introduction in the stock exchange, the price of water, whose va