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  4. water as a commodity

water as a commodity

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  • W Offline
    W Offline
    wolfbinary
    wrote on last edited by
    #1

    Isn't water a commodity? Does any place trade or put a value to it? I haven't seen or heard of any place doing it.

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    • W wolfbinary

      Isn't water a commodity? Does any place trade or put a value to it? I haven't seen or heard of any place doing it.

      I Offline
      I Offline
      Ian Shlasko
      wrote on last edited by
      #2

      Water is so 20th century... Haven't we improved on it by now? When are we going to get Water 2.0, with twice the hydration? Like... H4O2... Wait, that'll probably kill us... Hmm... (Yes, I'm being sarcastic... I live in NYC and I drink *gasp* TAP WATER!)

      Proud to have finally moved to the A-Ark. Which one are you in? Author of Guardians of Xen (Sci-Fi/Fantasy novel)

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      • W wolfbinary

        Isn't water a commodity? Does any place trade or put a value to it? I haven't seen or heard of any place doing it.

        0 Offline
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        0x3c0
        wrote on last edited by
        #3

        I think so, but can't recall a specific incident. The closest I can think of is its use as a political mallet (e.g. the Nile Water Agreement)

        OSDev :)

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        • W wolfbinary

          Isn't water a commodity? Does any place trade or put a value to it? I haven't seen or heard of any place doing it.

          C Offline
          C Offline
          Chris Meech
          wrote on last edited by
          #4

          So that would be TWF. The Water Futures market, would it? :)

          Chris Meech I am Canadian. [heard in a local bar] In theory there is no difference between theory and practice. In practice there is. [Yogi Berra]

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          • W wolfbinary

            Isn't water a commodity? Does any place trade or put a value to it? I haven't seen or heard of any place doing it.

            D Offline
            D Offline
            Dalek Dave
            wrote on last edited by
            #5

            wolfbinary wrote:

            Isn't water a commodity?

            Buy Mineral Water in the Grand Casino in Monte Carlo. €15 a glass!

            ------------------------------------ No Good Deed Goes Unpunished Clare Boothe Luce

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            • W wolfbinary

              Isn't water a commodity? Does any place trade or put a value to it? I haven't seen or heard of any place doing it.

              R Offline
              R Offline
              RichardM1
              wrote on last edited by
              #6

              Water is not a commodity in the usual sense, since it is generally (local) government provided (in the US), and the infrastructure for cheap delivery isn't so cheap. Not sure about Europe. Other than the 'mass produced' gov water, most companies try to differentiate their water, so (e.g.) they ship it all the way from Fiji and suggest you are being environmentally sound because some of the profits will go towards saving a rain forest there.:confused: IMHO, that is more like "f'ing for virginity" that fighting for peace is. On the other hand, if you don't do any f'ing, you never get any new virgins, and, if you do enough, you can raise the total number, even given you and your mates loss thereof. :-D

              Opacity, the new Transparency.

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              • W wolfbinary

                Isn't water a commodity? Does any place trade or put a value to it? I haven't seen or heard of any place doing it.

                K Offline
                K Offline
                Keith Barrow
                wrote on last edited by
                #7

                At a basic level bottled water does this. The UK has water rates to fund the [piped] water supply, so that must act as a market. My wife is from Jordan. It has one of (or possibly the most?) restriected water supplies per capita in the world. I know the water is delivered in tucks, so presumably it is traded as a commodity there, but I suspect the the government subsidises it. Like defence, in most cases the water supply is seen as too critical to be just left to an "unregulated" market I suppose.

                CCC solved so far: 2 (including a Hard One!) 37!?!! - Randall, Clerks

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                • C Chris Meech

                  So that would be TWF. The Water Futures market, would it? :)

                  Chris Meech I am Canadian. [heard in a local bar] In theory there is no difference between theory and practice. In practice there is. [Yogi Berra]

                  W Offline
                  W Offline
                  wolfbinary
                  wrote on last edited by
                  #8

                  I thought I'd bring it up with all the recent reading I've done on water lately. I guess it would be a water futures market.

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                  • W wolfbinary

                    Isn't water a commodity? Does any place trade or put a value to it? I haven't seen or heard of any place doing it.

                    F Offline
                    F Offline
                    fred_
                    wrote on last edited by
                    #9

                    In some cases http://topics.law.cornell.edu/supct/cert/138ORIG\[[^](http://topics.law.cornell.edu/supct/cert/138ORIG "New Window")]

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                    • W wolfbinary

                      Isn't water a commodity? Does any place trade or put a value to it? I haven't seen or heard of any place doing it.

                      L Offline
                      L Offline
                      Lost User
                      wrote on last edited by
                      #10

                      wolfbinary wrote:

                      Isn't water a commodity? Does any place trade or put a value to it? I haven't seen or heard of any place doing it.

                      It happens here in Australia where a river used for crop irrigation flows though multiple states. Those downstream dont want those upstream to use all the water so there is some kind of complex trading scheme. I dont think there are derivative contracts listed on public exchanges though.

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