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Non-Tech : Climate Change, Global Warming, Weather Derivatives, Investi

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From: KennyP3/18/2006 12:14:39 AM
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For starts, it seems that weather forecasts for weather-sensitive industries are handled by private weather consulting firms as the following clip brings out:

In private industry, on the other hand, job opportunities for atmospheric scientists are expected to be better than in the Federal Government over the 2004–14 period. As research leads to continuing improvements in weather forecasting, demand should grow for private weather consulting firms to provide more detailed information than has formerly been available, especially to climate-sensitive industries. Farmers, commodity investors, radio and television stations, and utilities, transportation, and construction firms can greatly benefit from additional weather information more closely targeted to their needs than the general information provided by the National Weather Service. Additionally, research on seasonal and other long-range forecasting is yielding positive results, which should spur demand for more atmospheric scientists to interpret these forecasts and advise climate-sensitive industries. However, because many customers for private weather services are in industries sensitive to fluctuations in the economy, the sales and growth of private weather services depend on the health of the economy.

bls.gov
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