Markets In Everything: Global Warming Edition

Part of a continuing homage to Marginal Revolution.

Wanna bet on global warming? You can - Yahoo! News: "NORFOLK, Va. - Think global warming will raise the oceans enough to submerge Cape Hatteras? Want to bet on it?

An online gambling service has started taking bets on global warming, including whether it can submerge some of the East Coast's top vacation spots.

The odds that Virginia's Cape Henry will be under water by 2015 — 200-to-1 at BetUs.com. Its odds for Cape Hatteras flooding by the same date — 300-to-1."

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