Tag Archives: weather

The 2010 Global Warming Exchange has been closed.

Here. 2010 was a warm year, despite record snow and ice in highly populated areas. Here is the message I provided on the expiry: The NASA GISS GLOBAL Land-Ocean Temperature Index for 2010 averaged out to 0.6325 Celsius above baseline. … Continue reading

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“Cool it” – Bjorn Lomborg on climate change (global warming?) – [VIDEO]

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You can’t have accumulator bets on the weather of neighboring regions…

… because “if it snows in one city, it’s likely to snow in another city.” In other words, these weren’t independent events. Via Barry Ritholtz (author of Bailout Nation)

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Did the CFTC relax its ECPs requirement for eBOTs?

Contra Chris Masse (who blogged cockily that that would never happened), WeatherBill is now available to any weather-sensitive business, large or small. No $1m net worth required, anymore. Developing… Waiting for a P.R. release from them today [tomorrow, on another … Continue reading

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Sean Park didn’t bribe me to post this web link.

WeatherBill – New user interface – Check it out. And, of course, they blog. UPDATE: Sunshine Guaranteed or Your Money Back – pdf

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WeatherBill C.E.O. David Friedberg hopes to persuade [!?] the Commodities Futures Trading Commission (C.F.T.C.) to change the requirement that currently limits weather derivative traders to accredited investors with a minimum net worth of $1 million.

Hummmmmmmmm… Quite a bold ambition. I’m very surprised by his statement. Is he naive? Via our chief economist Michael Giberson. UPDATE: Did the CFTC relax its ECPs requirement for eBOTs?

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Keyword Of The Day — Wednesday Edition

Embedded Event Derivatives Excellent. -

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Storms vs. Hurricanes

There will be more than 14 named Atlantic storms in 2008. © NewsFutures – There will be more than 9 named Atlantic Hurricanes in 2008. © NewsFutures – NewsFutures’ chart widgets are the world’s most usable —from the standpoint of … Continue reading

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Land-Ocean year-to-date temperatures 0.35 Celsius over baseline

according to GISS. Assuming the Intrade “Top 5″ global warming contract expires according to the Land Ocean Index, May – Dec 2008 temperatures will need to average 0.65 Celsius over baseline. The record was set back in 2005, 0.62 Celsius … Continue reading

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