Peter Brabeck-Letmathe

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Person.png Peter Brabeck-Letmathe   SourcewatchRdf-entity.pngRdf-icon.png
Villach, Austria
Alma materVienna University of Economics and Business Administration
Member ofEuropean Round Table of Industrialists, World Economic Forum/Board of Trustees


Peter Brabeck-Letmathe was appointed chair of the Formula One Group.


A Quote by Peter Brabeck-Letmathe

Water“Water is, of course, the most important raw material we have today in the world. It’s a question of whether we should privatize the normal water supply for the population. And there are two different opinions on the matter. The one opinion, which I think is extreme, is represented by the NGOs, who bang on about declaring water a public right. That means that as a human being you should have a right to water. That’s an extreme solution. The other view says that water is a foodstuff like any other, and like any other foodstuff it should have a market value. Personally, I believe it’s better to give a foodstuff a value so that we’re all aware it has its price, and then that one should take specific measures for the part of the population that has no access to this water, and there are many different possibilities there.”


Event Participated in

Bilderberg/20119 June 201112 June 2011Switzerland
Hotel Suvretta
St. Moritz


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