Oct 2, 2021 - Energy & Environment
2. The extreme weather risk-hedging industry

Photo illustration: Sarah Grillo/Axios. Photo: Win McNamee/Getty Images
For decades, companies have helped Wall Street, large retailers, major industries and other clients anticipate weather fluctuations, and the subsequent price and inventory volatility.
- But the new era of extreme weather events has created a market for a different approach — and startups are filling it.