Bottled water has overtaken soda — why you should avoid both

Is bottled water the best drink? Not if you account for the environmental impact.

Case in point: Nestlé NESN, -0.25% makes billions bottling water it pays nearly nothing for, Bloomberg reported Thursday. Apart from transportation, infrastructure and salaries, “Nestlé pays little for the product it bottles — sometimes a municipal rate and other times just a nominal extraction fee,” the Bloomberg report said. “In Michigan, it’s $200.”

Nestlé said it’s have invested about $270 million in infrastructure Michigan, and other expenses related to the sustainability of resources in that state. “This includes the scientists, engineers, biologists and others who work for our company,” it said.

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