Water Wall Street
The CME Group is launching the contracts linked to the 11 billion California. The market allows farmers hedge funds and municipalities to hedge bets on the future price of water and water availability in the American West. Gravitas Wall Street Is Trading Water Youtube Wall Street has begun trading water as a commodity like gold or oil. Water wall street . While fresh water becomes rarer extractive industries continue to poison it with wasteful projects leaky pipelines. The countrys first water market launched on the Chicago Mercantile Exchange this week with 11 billion in contracts tied to water prices in California Bloomberg News reported. HttpstcoPnAZ7PZQwu Ruth H. Future contracts tied to the spot price of water are set to trade on Wall Street for the first time ever this week. This means that water can be traded on Wall Street just like other commodities such as gold oil and metals. Water is life we said. Wall Street has begun trading water as a commodity like