Topic updates
Water as a Commodity - Forward Markets are emerging
17th July 2022
In California and Australia investors can now bet on the cost of water.
This FT video looks at the commodification of water in California and Australia and the development of forward markets for water. California and Australia are now allowing investors to bet on the fluctuating cost of water.
It's a thought-provoking clip, not least because it raises some interesting issues: property rights, the UK's privatisation of water, and pollution.
In California and Australia investors can now bet on the cost of water, but is the liquid that’s essential to life really just another commodity? Part of our FT Rethink series: https://t.co/Xh9ZUf4deO
— Financial Times (@FinancialTimes) July 7, 2022
Graham Watson
Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.
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