Ein Haus, ein Pool

"Ein Haus, ein Pool" (one house, one pool) is an installation by Unit 404. It was shown at Keller III, contextualized by the "89. Herbstausstellung" of the Kunstverein Hannover, 2021, curated by Sergej Harutoonian.

Concept

EIN HAUS, EIN POOL (One House, One Pool)

PVC pool, submersible pump, garden hose adapter, beamer, mobile router, Rasberry Pi, Python Script, Processing Script 2021

PLACEHOLDER BILD PLACEHOLDER BILD PLACEHOLDER BILD

Exhibition view at 89. Herbstausstellung Kunstverein Hannover at Keller Drei Photography: Leona Ohsiek, Johanna Spieker

The installation “Ein Haus, ein Pool” (One House, One Pool) uses a water cycle to form a cloud of fog onto which the speculative stock market values of water (represented by the Global Water Index) are projected in real time. The immanent consumption of resources, water, electricity and plastic is material and content of the installation, while the pseudo-holography serves as a symbol of promise of technological innovation. Resources are becoming increasingly scarce and calls for a responsible use of raw materials are growing louder. Although water is a human right, its increasing privatization is becoming a particularly macabre part of this problem. The work is conceived as a mobile unit. It is meant to accompany and depict the change of time, regardless of how beautiful or ominous it may be.

Media

A collection of media regarding the project

Comments

"A house, a pool" is a work we conceived earlier this year, in the end it's about the double function of future: as a hopeful of a better future but also as a kind of dystopian idea.The anchor point to our own environment was the speculation with the price of water. What you see in the work is a PVC pool for the garden, into which the current stock prices are projected from the S&P Global Water Index and these create a hologram. ( The S&P Global Water Index is a stock market index that unites companies speculating in water). The idea of the hologram refers to speculative elements from science fiction movies like Star Wars, i.e. seeing images of the future that never quite made it into our lives. We then came to water via technology and dealt with the element as a projection surface.
[Jonas Meyburg, excerpt from the artist talk for the fall exhibition at Kunstverein Hannover 21]

Legacy Text, Research and Scrapped Material

The S&P Global Water Index provides liquid and tradable exposure to 50 companies from around the world that are involved in water related businesses. Description Index Attributes As economies across the world expand, the demand for water and ancillary services continues to rise. The S&P Global Water Index measures the performance of global companies that are in two water-related businesses: water utilities & infrastructure, and water equipment & materials. Methodology Construction • Universe. Publicly listed stocks from around the world that are involved in water-related businesses. • Constituent Selection. All stocks in the investable universe are classified as being from one of two clusters—water equipment instruments & materials, or water utilities & infrastructure. These clusters are defined as combinations of relevant GICS sub- industries. S&P Dow Jones Indices further researches companies in these GICS sub-industries to determine a company's exposure to water-related businesses. • Market Cap. Constituents must have a minimum total market cap of USD 250 million and a minimum float-adjusted market cap of USD 100 million. • Liquidity. Stocks must have three-month average daily value traded above the liquidity threshold of USD 1 million. • Exchange Listing. Stocks must be listed on a developed market exchange. • Diversification. The target number of stocks from each of the two clusters is 25, with total weights from each cluster capped at 50%. Individual stock weights are capped at 10% for companies whose primary business is water related, and 5% for companies who have partial exposure to water-related businesses.

Updated in Real time Launch Date February 22, 2007 First Value Date November 19, 2001

Source: spglobal.com

The S&P Global Water Index is comprised of approximately 50 securities selected based on the relative importance of the global water industry within the company’s business model from a universe of companies listed on global developed market exchanges. The Index is designed to have a balanced representation from different segments of the water industry consisting of the following two clusters: 25 water utilities and infrastructure companies (water supply, water utilities, waste water treatment, water, sewer and pipeline construction, water purification, water well drilling, and water testing) and 25 water equipment and materials companies (water treatment chemicals, water treatment appliances, pumps and pumping equipment, fluid power pumps and motors, plumbing equipment, totalizing fluid meters and counting devices)

https://etfdb.com/index/sp-global-water-index/

Standard and Poor’s Corporation (S&P) ist eine international bekannte Kredit-Ratingagentur. Sie entstand 1941 aus der Verschmelzung der US-amerikanischen Unternehmen H.V. & H.W. Poor Co. und Standard Statistics Bureau. Seit 1966 ist S&P eine Tochtergesellschaft von McGraw-Hill. Kernbereich der Gesellschaft ist die Bewertung und Analyse anderer Wirtschaftsunternehmen, Banken und Staaten hinsichtlich ihrer Bonität. S&P ist die dominierende Ratingagentur neben den kleineren Unternehmen Moody’s und Fitch Ratings, die zusammen als die Großen Drei (englisch big three) bezeichnet werden. Außerdem erstellt S&P zahlreiche Aktienindizes der amerikanischen Börsen und Rohstoffindizes. Neben der Zentrale des Unternehmens in New York City gibt es 35 Standorte an Finanzplätzen in aller Welt, davon neun in Europa, darunter auch in Frankfurt.[3]