Financial markets on which speculators can bet on the cost of clean water supplies are getting closer, STEVE DRURY writes.
Food policy commentator Frederick Kaufman has called on financial market regulators to stop the betting on water supplies before it starts, in an article in the renowned scientific weekly Nature.
“Currently, no-one is trading water futures, but it won’t take much to spark the market into life”, Kaufman warned. After the recent drought in the USA, Read the rest of this entry »