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Jimbo says:
Just when you thought it was all over!
Guardian – 7 November 2010
Chicago Mercantile Exchange starts offering rainfall futures and options
“As the Chicago Mercantile Exchange offers futures on rainfall, climate prediction is becoming big business worth $15bn”
What’s wrong with the local weather service? :o(
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Curiousgeorge says:
It’s not just the CCX that has gone belly up. It seems Ma Nature has got a beef with biofuels and has tossed a wrench into the biofuel industry in the form a virus that impacts the feedstocks – switchgrass in particular. It ain’t nice to fool Mother Nature.