WEATHER DERIVATIVES are brokered deals which amount to companies or individuals betting on future weather conditions. They treat weather as a commodity. Economic factors such as the purchase and use of natural gas for heating and electricity for cooling are affected by the weather. One can use the stock market to gamble not only on companies associated with those factors, but also by investing in weather derivatives to insure a hefty pay day. Factor in GEO-ENGINEERING, where one can control the weather AT WILL (see: HAARP), and it is a potential breeding-ground for greed and corruption.
The first publicly-traded weather derivative was issued in the U.S. in 1996. A major early pioneer in this business was Enron (whose unwavering corruption eventually led to their demise). The idea has since gained ground across the globe. The Chicago Mercantile Exchange currently lists, sells and trades weather derivative contracts for 25 major cities in the U.S., 11 in Europe, 6 in Canada, 3 in Australia and 3 in Japan.
With the emerging
use public awareness of geo-engineering such as chemtrails, cloud seeding and ocean fertilization, we can see why control of the weather while simultaneously BETTING on that weather is more than a conflict of interest, and why it would draw the interest of the global banking elite. The U.N.‘s Agenda 21 and its “Sustainable Development“ program add another layer to this conflict of interest.
One estimate puts the weather derivative market to be worth more than $19 BILLION.
► Geo-Engineering For Financial Gain: A History Of Weather Derivatives (Peter A. Kirby & Activist Post)
► Chemtrails And Weather Derivatives (Peter Kirby & We Are Change)
~ MERIT FREEMAN