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Water futures contracts

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  • macdon02
    Senior Member
    • Sep 2007
    • 1858

    Water futures contracts

    https://www.globenewswire.com/fr/news-release/2020/09/17/2095260/0/en/CME-Group-to-Launch-First-Ever-Water-Futures-Based-on-Nasdaq-Veles-California-Water-Index.html

    Im still pondering if TMX is going to be filled with fresh water.... if Canada is going green, where's the revenue coming from?
  • ajl
    Senior Member
    • May 2008
    • 3245

    #2
    One huge opportunity for northwest AB would be to run a water pipeline from a source close to the mountains down to areas in Colorado or Arizona. This would open up some areas at mid latitudes to habitation which would be worth billions while being a large revenue generator for us stuck in a cold inhospitable climate which is now in the third world. Far better idea than trying to irrigate land next to the north pole with a 90 day growing season.

    Comment

    • Rareearth
      Senior Member
      • Aug 2012
      • 1618

      #3
      Ajl, your vision is visionary (from usa perspective).
      - You could partner that concept with indigenous leaders and creat a natural grass fed buffalo sanctuary where no roads are allowed only foot traffic only. Turn the lights off when you leave.
      - no question the usa wants our water, at zero cost as they are or have come close to running out with the current water use programs
      - projects you describe will funnel money to eastern canada, where have we seen this before, (oil, grains, etc)
      - why is it that no one wants to build infrastructure and industry ( includes farming) at home vs let somebody else do it some place else?
      - sounds like farming of all types shouldn’t occur north of South Dakota ( tax free state), that will solve over production, productivity, etc
      - drain the north and south saskatchewan rivers divert them south so the governments and generate income to equalize, include, harmonize society, pay off and grow all minority groups at the detriment of the people who built this country.
      - run Sask. Into a desert, take away the water - couple of dry years - where will every one move to ? - south of South Dakota

      That’s it, just hit a nerve. We have resources that can build a quality of life, the envy of the world, but ...

      Comment

      • ajl
        Senior Member
        • May 2008
        • 3245

        #4
        Well western canuckistan is buffalo pasture, albeit one that has become worth money due to the power of inflation and the unstoppable money printing press. Anyways to expand on the vision, first we become the 51 state and then the water gets piped to where we have our winter home in milder climes. Right now most of this resource is unused and just flows on by to Hudson bay. That will continue to be the case in the future. Sask. government wants to waste billions of resources it does not have to set up irrigation to try and use some of that waste but that infrastructure is frozen 8 months of the year. Just can't get around that so this type of investment is always a guaranteed money loser. So might as well sell the water.

        Comment

        • Rareearth
          Senior Member
          • Aug 2012
          • 1618

          #5
          FYI pipeline to the usa would have to be 20 foot diameter, not sure how many, the only other solution —- canals cement lined. Save the plovers 😊

          Seems most minority groups don’t want pipelines, canals etc unless they can be paid off

          Comment

          • Rareearth
            Senior Member
            • Aug 2012
            • 1618

            #6
            Just a question for a friend,
            Is water a renewable resource?

            Comment

            • Richard5
              Senior Member
              • Jan 2014
              • 469

              #7
              Originally posted by Rareearth View Post
              Ajl, your vision is visionary (from usa perspective).
              - You could partner that concept with indigenous leaders and creat a natural grass fed buffalo sanctuary where no roads are allowed only foot traffic only. Turn the lights off when you leave.
              - no question the usa wants our water, at zero cost as they are or have come close to running out with the current water use programs
              - projects you describe will funnel money to eastern canada, where have we seen this before, (oil, grains, etc)
              - why is it that no one wants to build infrastructure and industry ( includes farming) at home vs let somebody else do it some place else?
              - sounds like farming of all types shouldn’t occur north of South Dakota ( tax free state), that will solve over production, productivity, etc
              - drain the north and south saskatchewan rivers divert them south so the governments and generate income to equalize, include, harmonize society, pay off and grow all minority groups at the detriment of the people who built this country.
              - run Sask. Into a desert, take away the water - couple of dry years - where will every one move to ? - south of South Dakota

              That’s it, just hit a nerve. We have resources that can build a quality of life, the envy of the world, but ...
              The US won't want our water. Some environmentalists will say its not organic (no offense to anyone) or come up with some reason that its not the right color, weight or that for some reason it doesn't run up hill like it should.

              To me, the following is what we need to keep working on as I feel our fresh water is ending up in the ocean's from storms or being polluted by the ever increasing pissers and shitters that only have time for rally's or riots.

              https://www.abc.net.au/news/2019-01-27/sydney-desalination-plant-turned-on-so-how-does-it-work/10753334

              Comment

              • sofa.king
                Senior Member
                • May 2026
                • 562

                #8
                A pipeline for water? How dare you. Greta would be horrified. Lmao😂😂

                Comment

                • macdon02
                  Senior Member
                  • Sep 2007
                  • 1858

                  #9
                  True Canadian style, we would sell it to the US cheaper then we sell it to ourselves, then they turn around and use it instead of the Ogallala aquifer because their resources are too precious, then they'd subsidize the cost to the corn and wheat farmers that would compete directly with Canadian producers, am I close?

                  Comment

                  • Misterjade9
                    Senior Member
                    • Nov 2016
                    • 440

                    #10
                    Something like that.

                    Comment

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