Tag Archives: UBS Investment Bank

UBS Investment Bank is launching the world’s first global warming index based on weather futures contracts for 15 US cities traded on the Chicago Mercantile Exchange.

Via Fabian John, Forbes: [...] The contracts compare the average daily temperatures in 15 US cities against a given base, and will eventually be extended to include other major cities around the world. [...] Good. Global warming suckers like Caveat … Continue reading

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