Making an impact

It can affect as much as 20% of the US economy, and nearly every industry worldwide is affected by it. But blaming poor results on the weather is no longer an excuse: weather derivatives are on the rise. Eric Fishhaut reports from Chicago on the growth of a new commodity

The popularity of weather futures is rapidly growing and becoming a valuable method for energy companies to hedge against a change in demand due to changes in temperature. Weather is quite unique in that it is highly localised, cannot be controlled and, despite great advances in meteorological science, still cannot be predicted accurately with any consistency.

A substantial portion of the economy is directly affected by the weather. By some estimates, as much as 20% of the US economy and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here