Blue Gold: The Commoditization of Water (Part III)

Currently, there are no contracts on water or water rights that could be considered a futures contract because they are individually negotiated and, therefore, lack the standardization and fungibility necessary for a futures contract. However, such futures markets can be very useful for market participants for whom water is one of their major inputs, e.g. … Continue reading Blue Gold: The Commoditization of Water (Part III)

Blue Gold: The Commoditization of Water (Part II)

In response to increasing scarcity, water markets have evolved in many states of the United States. According to data gathered by the “Water Strategist” the first water transfers have been conducted in the late 1980s. Over the course of more than two decades, people have entered into different water contracts, customized to their individual needs. … Continue reading Blue Gold: The Commoditization of Water (Part II)