Good. The money they're paying for water can now fund projects to get more water for everyone else (eg. desalination plants, water diversion, or buying water rights from current farmers).
Good. The money they're paying for water can now fund projects to get more water for everyone else (eg. desalination plants, water diversion, or buying water rights from current farmers).
However, when the resource is no longer plentiful, it is unwise to try the "let the market fix it" route (always a popular one on HN), because the resource in question can be consumed much faster than the systems you are describing can combat it (or can even be gotten off the ground.)
My previous comment mentioned acquisition methods up to and including desalination, which would make the resource virtually unlimited. If the rich want to water their huge mansion grounds and are willing to pay for a desalination plant to do it, why stop them? If they're willing to do that, and we can take a portion of that money to subsidize water supply for the poor, all the better.
https://www.advisian.com/en/global-perspectives/the-cost-of-...
tl;dr: all in cost is around $1.75/m³