As to the larger picture, I have read the party manifestos so you do not have to. The easy bit is that Reform and the SNP have nothing on water whilst Plaid Cymru are brief, proposing a technical devolution of oversight of the industry from the UK government to the Senedd. The Green Party are full on proponents of renationalisation and giving £1.5bn in extra funding to DEFRA for the Environment Agency and Natural England. Of the three main parties in England and Wales it is the Libel Democrats who have the most fully worked up policies. Without going into all the details of which the most eye catching is a Sewage Tax on water company profits, the direction of travel is best summarised by the headline statement that reads,
“End the sewage scandal by transforming water companies into public benefit companies, banning bonuses for water bosses until discharges and leaks end, and replacing Ofwat with a tough new regulator with new powers to prevent sewage dumps.”
The Conservative manifesto pledges to bring the water companies to heel by banning executive bonusses in the case of certain criminal breaches and using fine income for restoration projects. I addition they say they will,
“… reform the ‘Price Review’ regulatory process for water companies. This will consider how we move to a more localised catchment-based and outcome-focused approach, that better utilises nature-based solutions and further strengthens sanctions for water companies that fail to deliver for the public, coasts and rivers.”
Yes, I have not got any idea what that means either.
Finally, and perhaps most importantly if the polls are accurate, the Labour Party proposes to put failing water companies under special measures to clean up water, give regulators new powers to block the payment of bonuses to executives who pollute waterways bringing criminal charges against persistent law breakers. They will impose automatic and severe fines for wrongdoing and ensure independent monitoring of every outlet. |
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