It’s a good time to be in the water industry. Congress last week passed the Water Infrastructure Improvement Act, which authorizes nearly $10 billion in federal investments and represents an economic opportunity for water technology and infrastructure companies. This includes $170 million allocated to Flint, Michigan to improve its water infrastructure and prevent the increase of lead poisoning cases. It also includes $550 million for drought-stricken California. “These measures will provide opportunities for water technology and infrastructure companies to work with utilities as the regulations for more reuse and better water management strategies come into play,” Abhirabh Basu, who leads Lux Research’s water intelligence service, told Environmental Leader.
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