Press Play with Madeleine Brand

Trading California's future water availability on Wall Street

As of today, a futures market for California’s water can be bought and sold on the stock market. Water now joins other commodities like gold, oil, and corn. Farmers, hedge funds, and municipalities can bet on the future price of California’s water.

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By Madeleine Brand • Dec 8, 2020 • 8m Listen

As of today, a futures market for California’s water can be bought and sold on the stock market. Water now joins other commodities like gold, oil, and corn. Farmers, hedge funds, and municipalities can bet on the future price of California’s water.

CNN: Investors can now trade water futures

Madeleine Brand
Host, 'Press Play'
Sarah Sweeney
Vice President of Talk Programming, KCRW
Angie Perrin
Producer, Press Play
Michell Eloy
Line Editor, Press Play
Anneken Tappe
senior writer at CNN Business, covering financial markets and the U.S. economy

Press Play with Madeleine Brand

Trading California's future water availability on Wall Street

As of today, a futures market for California’s water can be bought and sold on the stock market. Water now joins other commodities like gold, oil, and corn. Farmers, hedge funds, and municipalities can bet on the future price of California’s water.

Share

Press Play with Madeleine Brand

Trading California's future water availability on Wall Street

As of today, a futures market for California’s water can be bought and sold on the stock market. Water now joins other commodities like gold, oil, and corn. Farmers, hedge funds, and municipalities can bet on the future price of California’s water.

Share