Compare and contrast: US lawmakers Elizabeth Warren and Ro Khanna seek to ban trade in water rights

The Guardian

Water-futures trading allows investors – including hedge funds, farmers and municipalities – to trade water and water rights as a commodity, similar to oil or gold. The practice is currently limited to California, where the world’s first water futures market was launched. So far, the market hasn’t taken off, dampened by the reality that the physical trade of water in the state has been limited. After a couple of wet years in California, the price of water futures has also plummeted. Click here to continue reading