Clay Landry, managing director at consulting firm WestWater Research, which provides the data used to calculate the water index, said in addition to the likelihood of a “great deal of interest” from Wall Street, he expects the early water futures adopters to be large and small agriculture businesses.

“Without this tool people have no way of managing water supply risk,” Boise, Idaho-based Landry said in an interview. “This may not solve that problem entirely, but it will help soften the financial blow that people will take if their water supply is cut off.”

:agony-yehaw: