| Do you ever want to shake people out of this weird complicit state we are in? on 22:59 - Dec 7 with 902 views | StokieBlue |
Whilst it sounds silly it's no different to someone like Cadbury's buying futures on cocoa to lock in their costs years in advance.
This would just be farmers and growers locking in a price for their water in advance. Might actually save jobs because they know exactly what to budget in future seasons.
Unfortunately for someone like a farmer growing avocados water is a precious commodity.
SB [Post edited 7 Dec 2020 23:00]
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| Do you ever want to shake people out of this weird complicit state we are in? on 00:15 - Dec 8 with 848 views | monytowbray |
| Do you ever want to shake people out of this weird complicit state we are in? on 22:59 - Dec 7 by StokieBlue |
Whilst it sounds silly it's no different to someone like Cadbury's buying futures on cocoa to lock in their costs years in advance.
This would just be farmers and growers locking in a price for their water in advance. Might actually save jobs because they know exactly what to budget in future seasons.
Unfortunately for someone like a farmer growing avocados water is a precious commodity.
SB [Post edited 7 Dec 2020 23:00]
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Water is essential to life and a human right. We shouldn’t be paying for it full stop, let alone trading/profiting from it. |  |
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| Do you ever want to shake people out of this weird complicit state we are in? on 00:46 - Dec 8 with 828 views | Guthrum |
| Do you ever want to shake people out of this weird complicit state we are in? on 00:15 - Dec 8 by monytowbray |
Water is essential to life and a human right. We shouldn’t be paying for it full stop, let alone trading/profiting from it. |
Except that it costs money to gather it up and convey to the places where it's needed. In some regions that involves expensive extraction from underground. That's what you're paying for. Plus processing of waste water. |  |
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| Do you ever want to shake people out of this weird complicit state we are in? on 00:52 - Dec 8 with 826 views | monytowbray |
| Do you ever want to shake people out of this weird complicit state we are in? on 00:46 - Dec 8 by Guthrum |
Except that it costs money to gather it up and convey to the places where it's needed. In some regions that involves expensive extraction from underground. That's what you're paying for. Plus processing of waste water. |
Watch Rotten on Netflix and you’ll see it’s not that straight forward though.
In fact you look into anything these days and that’s the case though. We get f*cked by 1% of the population all day long. | |
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| Do you ever want to shake people out of this weird complicit state we are in? on 07:14 - Dec 8 with 713 views | Keno |
| Do you ever want to shake people out of this weird complicit state we are in? on 00:52 - Dec 8 by monytowbray |
Watch Rotten on Netflix and you’ll see it’s not that straight forward though.
In fact you look into anything these days and that’s the case though. We get f*cked by 1% of the population all day long. |
So how would you finance the cost of maintaining and developing sanitation or shoulD we go back to 18th century standards? |  |
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| Do you ever want to shake people out of this weird complicit state we are in? on 07:28 - Dec 8 with 695 views | bluelagos |
Access to water, especially in a world where desertification is an ongoing issue, will become hugely problematic in the years ahead.
Like you I worry at those seeking to monetise/commercialise it given that the financial markets are hardly known for prioritising human welfare if there's a profit to be made.
So how you enable farmers to hedge their future costs (a reasonablle desire) without enabling the markets to commoditise water I don't know, but it could be the start down a route that would have huge human impact if left to the markets.
No one who understands the markets would doubt there are many people who would happily cash in given such an opportunity. |  |
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| Do you ever want to shake people out of this weird complicit state we are in? on 07:59 - Dec 8 with 667 views | BanksterDebtSlave |
| Do you ever want to shake people out of this weird complicit state we are in? on 07:14 - Dec 8 by Keno |
So how would you finance the cost of maintaining and developing sanitation or shoulD we go back to 18th century standards? |
The money tree, let's not pretend it isn't there anymore! |  |
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| Do you ever want to shake people out of this weird complicit state we are in? on 10:06 - Dec 8 with 612 views | StokieBlue |
| Do you ever want to shake people out of this weird complicit state we are in? on 00:15 - Dec 8 by monytowbray |
Water is essential to life and a human right. We shouldn’t be paying for it full stop, let alone trading/profiting from it. |
I don't disagree on water being an essential human right. I fear it's something that the world will struggle to get right over the next 50-100 years.
All I am saying is that this isn't specifically designed to trade water, it's designed to allow farmers to lock in a price and thus know their future outgoings in advance and thus how to pay their staff etc. It's done in nearly every field, for instance, you can buy futures on soya beans if you are making a product that is based on them and need a stable price.
As you say there is scope for it to be abused however it's not a contract-for-delivery so no actual water is traded, it's just numbers and just in one state. It might actually make the prices more transparent and cheaper as if the price deviates too much from the futures price then people will want to know why the water companies are charging that much.
SB [Post edited 8 Dec 2020 10:32]
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