Don M.
SF VIP
- Location
- central Missouri
Now, investors have a New "commodity" to trade....Water...primarily in/for California. It seems that lingering drought conditions in the West have created some serious issues with the availability and supply of water. So, the answer appears to be to allow water "rights" to be traded and sold to the highest bidders. This should create some substantial increases in the costs of utilities for residents in the affected areas.
https://www.cnn.com/2020/12/07/investing/water-futures-trading/index.html
https://www.cnn.com/2020/12/07/investing/water-futures-trading/index.html