Wokebloke (call me Doug) on Nostr: "Water-futures trading allows investors – including hedge funds, farmers and ...

"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