"Water-futures trading allows investors – including hedge funds, farmers and municipalities – to trade water and water rights as a commodity, similar to oil or gold. The practice is currently limited to California, where the world’s first water futures market was launched."
https://www.theguardian.com/environment/2024/apr/18/water-scarcity-private-speculation
Wokebloke (call me Doug) /
npub1fy…7kenh
2024-04-19 18:14:58
Author Public Key
npub1fy6nlv6lkjrqtkcdt680dnhf76d0d3vrxlx5gqk4w3spu2twc6asq7kenhPublished at
2024-04-19 18:14:58Event JSON
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"content": "\"Water-futures trading allows investors – including hedge funds, farmers and municipalities – to trade water and water rights as a commodity, similar to oil or gold. The practice is currently limited to California, where the world’s first water futures market was launched.\"\nhttps://www.theguardian.com/environment/2024/apr/18/water-scarcity-private-speculation",
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