‘A system set up to fail?’ Readers say Ofwat should go – but can’t agree on whether water should be nationalised

THe hit a chord for the scrap of ofwat Independent Readers who have accepted the water regulator overwhelming, could not hold companies responsible after decades of pollution, infrastructure crushed and rising invoices.

Former Bank of England Deputy Governor Sir Jon Jon Cunliffe, led by a turning point review, has concluded that ofwat should be dismantled and replaced by a powerful single regulator covering the entire water system.

The Independent Water Commission said that the existing installation was “disintegrated and overlapping” and allowing private companies to receive billions of shareholders while the sewage spills increased and the investment is left behind.

When you want your opinions, 86 percent of the readers said that Ofat should be completely scrapped and only 14 percent preferred reform to change.

Many supported wider changes, including new regional authorities, stronger environmental surveillance and harder rules in company ownership and debt.

But the most powerful views that focus on ownership itself: Water, a vital natural resource, is privatized in the first place.

Some readers argued that the damage is too deep to return, and that it is legally full and quite expensive. Others insisted that public control is the only way to correct a system that loses public confidence.

Here is what you have to say:

Reward Admission Performance only

I do not only care how to configure as long as they are rewarded to provide acceptable purity, existence, leakage and pollution.

Jim Kiti

Horse bolt

Many people here think that nationalization is the answer. Not. Nationalizing the privatized water companies will force the government (and thus taxpayers) to purchase them at market value or to face legal wars with domestic and foreign investors within the scope of international trade agreements.

These companies have great debts that will be transferred to the public and upload taxpayers with billions of obligations. In addition, compensation requests and lawsuits from investors will increase the costs and make nationalization an expensive and legally risky process without improved service guarantee.

Privatization was skillfully installed in a more or less irreversible. I’m afraid horse bolt.

Musil

It makes foreign ownership worse

“National strategic assets should never be in the hands of private companies” – I agree and it is worse to be out of England. They will be even more indifferent in all kinds of services. Vital infrastructure must belong to the public: railway, bus, tram, electricity, gas, water. I don’t think we’re there with a wide band yet.

However, nationalization needs to be done very carefully. I don’t think anyone can claim that Nobody is the productivity paragons of CT. And there are many pipes that are left to decay while the local councils have roles in public services by carefully planning road digging operations between public services.

Premium

False management should mean seizure again

If the privatized public services or services are managed incorrectly, enact a law for legislating that they have returned to public property. Simple.

Bigdogsmallbrain

Nobody should have water

Nobody should have water. Water should only be managed on behalf of people and any profit should be completely coincidence.

Why does anyone have financially motivated water throughout the same lines, as no one has air, oxygen or sunlight.

ITERALLYISNOT

The crumbled infrastructure is a real crisis

Elephant, sewage and rainwater in the room are combined sewers as well as increasing population/increasing housing requirements. More people/home means more sewage/rain water flow and when it rains hard, any Treatment studies cannot cope with the volume of water tied to them.

For example, the rainwater of Trafford Center is kept separate from the sewage and can go directly to the nearby channel as clean water. This water is 10 cubic meters per second! Now, adding to much more spaces and converting rainwater into local sewage works, tens of thousands of houses, businesses, roads, parking and so on. Think of it and you can see what the problem is.

To solve it properly, each household and the enterprise require expensive work to establish separate rainwater drainage, and must be excavated to install a parallel pipe system to ensure that rain water is separated from the sewage for each road in the region.

Most of the main pipes are available before WW2, where much less people, homes and large enterprises.

Stevew

Is directed by profit

National strategic assets should never be in the hands of private companies

First of all, they are directed with profit … And when they fail … We are already based on the bill. All privatization is to make a few people very rich.

CaptainTripps

Productivity

In principle, I agree, but the problem with nationalized industries is that under the line, all will cause problems. The problem is productivity: “Why should I work hard when I have a guaranteed job for life?” Perhaps the water supply is not too much, but all other nationalized industries suffered from this communist idea. It sounds nice on paper, but it doesn’t work in practice.

Now, nationalize industries without union intervention or business protection, and you will have something.

Stevethebarbarian

Now nationalize!

At the same time, privatization of a public service with a monopoly does not have any benefit. Customized water companies are in competition with anyone, so there is no pressure to reduce prices or improve services. They serve two masters: increasing wages at the summit and profit for shareholders. Now nationalize!

bloody

Drete the regional monopolies

Like most basic assistants, privatization does not provide any of the potential benefits and the worst disadvantages. While it is difficult to innovate with a product as simple as water, the most important features-safety, the environment and the price-focus-focused organizations are anatem.

At least regional monopolies need to be disintegrated.

Shooter

They laugh at all of us

Those responsible for conducting the industry will never be corrected until appropriately responsible. Until then, they laugh at all of us – they literally laugh to the bank.

CaptainTripps

Irreversible

Cannot be corrected. And there is no way to expropriate it without spending trillion pounds to buy companies and pay bond holders. No solution; It will just get worse.

Bluewhale

Some comments are arranged for shortness and clarity for this article.

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