At the risk of continuing off-topic, the "outrage" over Nestle bottled water in this case was due to Nestle starting to draw large amounts of water at about 1/100th the residential water cost from an region under mandatory water restrictions due to drought. Blame Nestle and/or the local government, but it does seem short-sighted and suboptimal.

In general, though, bottled water isn't consumed close to its generation point: it's packaged in plastic bottles and trucked away. There's an environmental cost. And many of the bottles that are consumed locally contain the same water people could have gotten straight from the tap, so the environmental cost is lower but more pointless.