The great river greenwash
Recently there has been something of
a gold rush to buy river assets for purposes other than fishing with the
rise of trading in nitrate and phosphate credits. The theory went that you
used a floodplain as a pollution ‘sink’ which house builders could buy as
an offset to allow planning permission to be granted.
Frankly, I was pretty unhappy with
what I saw as a cynical work around to UK and EU legislation enabled by the
secretive quango, Natural England. Essentially, nobody was resolving the
issue of nitrate and phosphate pollutants – the trading simply represented
a giant sweeping-under-the-carpet exercise with plenty of jiggery pokery to
boot. I heard tell of pig farms closing to take advantage of the cash
bonanza only to reopen a few fields away, ready to repeat the same trick
sometime soon.
By coincidence over the weekend
someone asked me, setting aside my personal views, what I thought of the
offset scheme as an investment. Frankly, I am no financial advisor so I
repeated what a local land agent had told me: this is only for the most
sophisticated of investor i.e. very risky. But I did add, with great
prescience as it turns out, beware the Ministerial pen that, at a stroke,
could wipe out the whole industry. And, so it seems, that is exactly what
Michael Gove did on Tuesday when he effectively abolished the EU and UK
legislation that was driving the need for offset credits.
Am I happy with the change? I think,
judging by all comments by the River Trusts, ecology agent provocateurs
and the great and the good of the greenery industry, I might be alone in
saying I welcome Michael Gove’s decision. I have no desire for more houses
in the wrong places but frankly offset credits were greenwashing writ
large. Yes, we were going to get a few more wetlands but it failed to
address the root of the issue that farming and poor sewage treatment will
continue to produce ever more nitrates and phosphates. Both need to be
reformed.
Agricultural practices that produce
such pollutants need to be legislated out of existence with more stick than
carrot. If we want to build more houses, is it not time that we forced
developers to harvest rain and build their own sewage plants rather than add
more capacity to the already underinvested and aging water industry
infrastructure?
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