California water futures begin trading amid fear of scarcity

Business Dec 8, 2020

California water futures begin trading amid fear of scarcity

Water has joined gold, oil and other commodities traded on Wall Street, highlighting worries that the life-sustaining natural resource may become scarce across more of the world. Farmers, hedge funds and municipalities alike are now able to hedge against — or bet on — future ...

Japan to compensate for dam water release into prefectural rivers

National Sep 6, 2020

Japan to compensate for dam water release into prefectural rivers

The land ministry will establish a system of compensating for losses stemming from water release from dams in rivers managed by prefectural governments as a pre-emptive measure to minimize damage from torrential rains, sources have said. The plan, similar to an existing one for water ...