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[Gene GeRue <genegerue AT ruralize.com>]

On Jan 26, 2008, at 9:06 PM, Rob wrote:
> http://apnews.myway.com/article/20080125/D8UD540G1.html
>
> > > FRESNO, Calif. (AP) - With water becoming increasingly precious in
> California, a rising number of farmers figure they can make more
> money by selling their water than by actually growing something.

Water has become a commodity traded on the market. Farmers in the San  
Joaquin Valley have been selling their water allotments to cities for  
quite awhile. Some of them also buy water. Nothing inherently wrong  
with the practice until the source of the water and the means of  
moving it and how that is and was financed are considered.

American entrepreneurs may one day devise a way to sell air. Air  
quality is tradable. Think carbon offsets.