At the Chicago Mercantile Exchange, investors are now able to speculate on water prices. This practice, meant to help secure supplies for cities and farmers, has drawn criticism, as Sabrina Kessler reports from New York.
Why US investors are now betting on water
At the Chicago Mercantile Exchange, investors are now able to speculate on water prices. This practice, meant to help secure supplies for cities and farmers, has drawn criticism, as Sabrina Kessler reports from New York.
Farmers in California have to make sure that scarce water resources are used efficiently
When Edgar Terry walks his fields in the morning, there s one thing on his mind: water. The 61-year-old farmer owns 700 hectares (1,730 acres) of land a total of 12 fields with bell pepper, strawberries, spinach, celery and cilantro that have to be watered all year round.