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| | Water companies damned (yet again...! ) | |
| | Author | Message |
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Barry Kneller
Posts : 191 Join date : 2010-08-29 Age : 82 Location : S.E. Essex
| Subject: Water companies damned (yet again...! ) Sun Aug 04, 2013 9:11 pm | |
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| | | David Harvey
Posts : 5381 Join date : 2010-01-21 Age : 109 Location : Surrey,
| Subject: Re: Water companies damned (yet again...! ) Sun Aug 04, 2013 10:42 pm | |
| Thanks Barry Cheaper to pollute than improve infrastructure Need those fines to be huge so is a detterant rather than a few drinks at the xmas party | |
| | | James Mitchell
Posts : 738 Join date : 2011-11-14 Location : Kingston
| Subject: Re: Water companies damned (yet again...! ) Mon Aug 05, 2013 9:15 am | |
| Agree Dave, this is about putting the proper deterrents in place to incentivise the water companies to invest in infrastructure improvements.
Water companies are companies. They will do what it takes inside the law, and sometimes outside the law, to make a profit. There is no getting away from that. Especially as many are now at least in part owned by international investors with no interest in the UK environment.
What is needed is tougher regulation and, as Dave points out, heavier fines on water companies found to be polluting. | |
| | | Ed Randall
Posts : 3326 Join date : 2010-11-19 Age : 58 Location : Twickenham
| Subject: Re: Water companies damned (yet again...! ) Mon Aug 05, 2013 9:42 am | |
| Definitely, the regulator of any privatised infrastructure must be tough and uncompromising, sadly successive governments have gradually let that slip and now in many areas, "soft touch" regulation has become the norm, it's become a problem everywhere, water, rail, gas, electricity, airports, also financial services. | |
| | | James Mitchell
Posts : 738 Join date : 2011-11-14 Location : Kingston
| Subject: Re: Water companies damned (yet again...! ) Mon Aug 05, 2013 10:14 am | |
| - Ed Randall wrote:
- Definitely, the regulator of any privatised infrastructure must be tough and uncompromising, sadly successive governments have gradually let that slip and now in many areas, "soft touch" regulation has become the norm, it's become a problem everywhere, water, rail, gas, electricity, airports, also financial services.
To be fair Ed, I think the rail regulator is pretty tough in terms of imposing fines for late running trains, service failures etc. The problem is that the whole industry structure is such a mess. But in general, I think you're right, some of these regulators definitely need to turn the screws. | |
| | | Barry Kneller
Posts : 191 Join date : 2010-08-29 Age : 82 Location : S.E. Essex
| Subject: Re: Water companies damned (yet again...! ) Mon Aug 05, 2013 12:44 pm | |
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| | | Richard Crimp Admin
Posts : 1875 Join date : 2010-01-20 Age : 57 Location : London
| Subject: Re: Water companies damned (yet again...! ) Mon Aug 05, 2013 9:20 pm | |
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