Water market: how it happened in the usa and how it can happen in Brazil
DOI:
https://doi.org/10.5007/1807-1384.2018v15n1p130Abstract
The article discusses the potential water market issue in Brazil. As it is unused, first the US case is presented, probably the oldest and the most documented one, in which during the 19th Century, the water exploration rights were transformed into property rights to deal with shortage problems, and in the last 20 years its commerce has been intensified in the face of the droughts’ aggravation. In Brazil, a similar idea is being presented by the National Congress, and it seems to have echoed in federal government sectors, despite its incompatibility with the constitutional principle that waters constitute public domain assets of the Union and of the States.
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