The Economics of Bottled Water Why the System Needs to Change
Nestlé paid just $200 per year to extract water in Michigan while generating $340 million in revenue12. That’s not a typo—a multinational corporation paid less than what many Americans spend on a single month of bottled water to drain millions of gallons from public resources. This extreme example reveals a deeper crisis. The bottled water industry generates over $340 billion annually while 2.1 billion people lack safely managed drinking water access34567. Corporations charge consumers 2,000 to 3,300 times more than tap water costs, extracting extraordinary profits from what should be a universally accessible public good89. ...