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Seems to be referencing this Forbes article, specifically talking about The Wonderful Company: https://www.forbes.com/sites/michelatindera/2021/11/21/how-much-
by lewispollard 1y ago
Seems to be referencing this Forbes article, specifically talking about The Wonderful Company:
https://www.forbes.com/sites/michelatindera/2021/11/21/how-much-is-water-worth-why-a-billionaire-owned-stake-in-a-california-water-bank-could-be-worth-more-than-1-billion/ https://www.forbes.com/sites/michelatindera/2021/11/21/how-m...
- TheNewsIsHere 1y agoI suspected this was about a singular case. Any typical pistachio farm doesn’t need anywhere near that kind of water. Here we’d be talking about “the corporate name” in pistachios. That’s a very different thing from what “a” typical pistachio farmer needs. I submit the original comment is cherry-picking to make their argument. A pistachio tree needs something like (on average) 60 gallons of water a day. For one 365-day year that is 21,900 gallons/tree/year. That’s a lot of water, of course. But most farms do not have in excess of 5.39 million pistachio trees (using the 130 billion gallon number).