| From Hardassetsinvestor.com: Over a third of world GDP is vulnerable to weather risk, according to the Weather Risk Management Association (WRMA). Everyone knows how unpredictable it is, and if you're a farmer or even an oil refiner, it can have a big impact on your bottom line.
Weather hedging started with energy companies. After the 1996 electric company deregulation, the industry started trading in an open market, and we began to see things like electricity swaps and futures..... Full Article: Source
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