Here are some of the latest news stories regarding water and the environment:

Investors Warned of Hidden Financial Risks of Water Shortages: “From Georgia to California, scarce water a threat to both environmental and financial security.”

Bay Area Maps Out Bike-Sharing Effort: A $7 million environmentally friendly public transportation initiative is about to be launched in San Francisco. The program calls for 1,000 bicycles to be strategically placed around the city thus giving citizens a greener alternative to driving cars.

After two years of eco-living, what works and what doesn’t: “After experimenting with solar panels, gray-water systems and chickens for two years, a budget-minded consumer takes stock of what worked and what didn’t.”

Rhode Island First to Adopt International Green Construction Code: “As of October 2010, Rhode Island is the first state in the U.S. to recognize the International Green Construction Code (IGCC) as an option for the design and construction of all major public facilities.” To learn more, click here.

US Government Approves World’s Largest Solar Project: The U.S Department of Interior “offered Solar Trust of America, the project developer, a 30-year right-of-way grant to use public lands for the plant’s solar-thermal installation and transmission lines.”

Once again, the latest in water news:

Terrible flooding in Machu Picchu, Peru this week has left thousands of tourists stranded.

American helicopters have been airlifting citizens out of danger, but what will happen to Peruvian locals who are now homeless and vulnerable to the elements?

This video outlines the efforts made by the Chinese government to curb the effects of a drought that is effecting three million people in the southwest region.

Newport, Rhode Island, a popular tourist destination, suffers the same problems as many other old cities– water pollution caused by deteriorating sewage systems and urban storm runoff. Watch the video here.