The Investor's Shelf — one book
Let There Be Water

Let There Be Water

Seth M. Siegel
2015
T3 337 pages · about 5h 37m to read OL17308346Wgoodreads

Water technology as an export industry built from a domestic constraint.

Summary

Seth Siegel argues that Israel solved a water scarcity problem that most of the world will eventually face, and sets out the specific policies and technologies involved. The book is advocacy: Siegel wants other countries to copy the approach and organises the material accordingly.

The substantive content covers several distinct decisions. Israel priced water at full cost recovery from the start, including agricultural water, which removed the subsidised overuse common elsewhere. It centralised water management in a national authority with control over allocation and pricing, insulated from agricultural lobbying. It built the National Water Carrier to move water from the north to the arid south. It developed drip irrigation through Netafim, which reduced agricultural water use per unit of output substantially. It treats and reuses roughly eighty-five per cent of municipal wastewater for agriculture, a rate no other country approaches. It built large-scale reverse osmosis desalination plants that now supply most household water, at costs that fell sharply through the 2000s.

Siegel underplays the political dimensions, particularly Israeli control of West Bank aquifers and the water allocation to Palestinian communities, which he addresses briefly and defensively. He also treats the policy choices as freely available to other countries without engaging the political economy that makes agricultural water pricing impossible in most places. The technical and institutional material is accurate and useful; the framing requires discounting.

Key takeaways 7

  1. Israel charges farmers the full cost of water, which eliminated the subsidised overuse that dominates agricultural water elsewhere.
  2. Centralising water allocation in a national authority insulated pricing decisions from agricultural lobbying.
  3. Treating and reusing roughly eighty-five per cent of municipal wastewater made cities a water source for agriculture rather than only a consumer.
  4. Drip irrigation reduced water use per unit of crop output enough to make agriculture viable in arid conditions.
  5. Desalination costs fell far enough through the 2000s to make seawater a practical municipal supply rather than an emergency measure.
  6. Siegel argues that water scarcity is an institutional and pricing problem before it is a hydrological one.
  7. Metering and leak detection in the distribution network recovered volumes comparable to new supply projects at a fraction of the cost.

Who should read it

Investors and policymakers in water infrastructure who want a specific national case combining pricing policy, reuse and desalination, read with awareness of the author's advocacy.

Where it sits in the reference 2

Countries
Secular themes

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