Water futures trading opens a new frontier for privatization — one that further threatens our human right to clean, affordable water. Water futures trading opens a new frontier for privatization — one ...
A new financial tool that allows water users and investors to hedge on the future price of California water rights settled its first contracts Jan. 20. “And it was really exciting,” Tim McCourt, ...
CME Group, formerly the Chicago Mercantile Exchange, recently added water futures to its list of contracts available to trade. This is big news because water has never been traded like this before.
Hi Parched readers, Grist reporter Emily Pontecorvo here. For this week’s newsletter, we’re going to dig into a drought solution that has stirred up quite a bit of controversy: the water futures ...
(Bloomberg)—If the record heat and wildfires ravaging California weren’t a clear enough sign that the climate is changing, then consider this: Wall Street is about to start trading futures contracts ...
Water joined gold, oil and other commodities traded on Wall Street, highlighting worries that the life-sustaining natural resource may become scarce across more of the world. Farmers, hedge funds and ...