Modern civilization depends on abundant, affordable, and reliable energy. Policies that ignore this won’t turn out well / Eye on the News / Infrastructure and energy , Economy, finance, and budgets Jul 16 2024 Starting this month, everyday citizens, not just hedge fund managers and traders, will be able to make direct bets on “big” issues ranging from basic economic indicators to the weather. Based in Greenwich, Connecticut, the global trading firm Interactive Brokers has won U.S. federal approval to run a “prediction market” platform allowing users to make bets on everything from consumer sentiment to the national debt to “atmospheric carbon dioxide.” As the Wall Street Journal reported , “Interactive Brokers said it believes that it ‘can help establish a collective view’ on ‘controversial issues.’” Let’s hope for an opportunity to bet on whether the energy transition , the linchpin of the ruling en...