Did you buy any Aqua America Inc. (WTR-NYSE) stock today?

Maybe a portfolio rebalance is in order. The stock (WTR) is currently trading at $25.14; down 0.19 with a volume of 153,010 and a dividend of 0.15.

From the Triangle Business Journal dated May 3, 2005: "Aqua America Inc. said Tuesday that its subsidiaries have made three small acquisitions in North Carolina worth about $250,000. The acquisitions were made by Aqua's North Carolina subsidiaries, Cary-based Aqua North Carolina Inc. and Heater Utilities Inc."

And then bits and pieces started flowing (literally) from the spigot.

"The homes north of Interstate 540 are among Wake County's most expensive -- and, this summer, may be among the driest. Because of policies designed to discourage high-density construction near Falls Lake, these neighborhoods are not hooked up to Raleigh's water system. Instead, they get their water from wells."

Fracking by the Numbers: What's in store for North Carolina?

As Governor McCrory and members of N.C. General Assembly continue pushing to open up North Carolina to hydraulic fracturing, or fracking, a new report by the Environment North Carolina Research and Policy Center called “Fracking by the Numbers” highlights the risks to North Carolina if the current moratorium on fracking is lifted.

The report is the first study of its kind to measure the footprint of fracking damage nationally to date— including toxic wastewater, water use, chemical use, air pollution, land damage and global warming emissions.

“In state after state, fracking polluted our air, water, and landscapes. If fracking is allowed in North Carolina, this is the kind of damage in store for areas like the Deep River” said Liz Kazal, field associate with Environment North Carolina. “North Carolina’s air, water, and land are just too important to risk. Governor McCrory and the General Assembly need to act now to protect North Carolinians’ air and water.”

Update on Republican plans to take over Asheville's water system

Big Government Republicans in Raleigh are on a roll, having succeeded in passing legislation that would illegally seize Asheville's municipal water system. Now the city is in the sad position of counting on Pat "Duke Energy" McCrory as their last line of defense. Anybody want to bet on what hizzoner will do when the bill lands on his desk?

Details below, via email from PARC. PARC stands for People Advocating Real Conservancy.
web site: http://www.ashevilleparc.com

Voting your pocketbook.

The problem with electing Republicans to office is that even though they claim to be godly people they don’t vote their religion, they vote their pocketbook. There is a big difference there. The tenets of faith and the needs of the pocketbook are not the same. And their pocketbook speaks to them strongly. They may claim all pocketbooks are the same but they are not, and filling up their’s does not mean yours gets filled up, too. Their pocketbook has a lot more in it than your pocketbook does and they don’t care to share.

Buncombe Water War Heats Up -- The Townsfolk Fight Back

Last night, Asheville City Council passed a unanimous resolution opposing Raleigh's looming legislative seizure of the local water system.

The resolution says council “remains convinced that local solution arrived at by an open, collaborative process is preferable to a legislative directed disposition of municipal assets.”

“The forced taking of … local government infrastructure sets a dangerous precedent in the state of North Carolina, a precedent that will have a chilling effect on any local government investing in needed infrastructure in the future,” it reads.

For more on the water drama, read Raleigh's water rustlers, or, isn't It a Shane?

I need your help to stop fracking in North Carolina

Thank you so much for the your wonderful support and comments on my story about trying to stop the runaway fracking train in North Carolina. The need for clear evidence-based comments is urgent because the east coast Triassic Basins could be the most dangerous shale-gas plays in the America. These shallow ancient lakebed shale gas deposits, located near several North Carolina's most important rivers for water supply, are riddled with near vertical faults and basaltic (diabase) dikes. These vertical geologic structures and the shallow depth make the potential for accidental vertical transport of gas and drilling fluids much higher in these basins than for deep shale deposits like the Marcellus shale in Pennsylvania and New York.

Flammable Tap Water

I'm not particularly knowledgeable on energy or water but clearly something ain't right here.

Navy finally acts on water contamination at Camp Lejeune

The News and Observer reported today, that the U.S. Department of the Navy will pay $1.53 million to conduct a mortality study to prove that toxic waters did play a role in the deaths of Marines and their families. Here are the basics.

Global warming deniers, you will be denied.

The North Carolina Coastal Resource Commission just finished the first study of sea level rise in the United States. The most significant part of the study was what the report said about what the market has decided about sea level rise.

... even if the public and governments drag their feet on reacting to a changing coast, others aren't waiting to adapt. State Farm, for example, announced this week that it will no longer write or renew insurance policies for structures on barrier islands to reduce its exposure in areas prone to catastrophic events like hurricanes.

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