▲ | seanalltogether 4 days ago | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The concept of reservoirs and emergency supply seems to be completely at odds with privatisation. What private company is going to spend loads of money to build deep reservoirs that are stressed only once every 5 or 10 years. None. They're going to reach for an immediate supply like a river or aquifer and then raise prices if those sources run low. It's insane to plan out infrastructure on the belief that private companies are capable of building such large buffers. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
▲ | tome 4 days ago | parent | next [-] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I'm inclined to agree that privatisation is bad for long term planning, but the history of the Abingdon Reservoir proposal seems to be counter evidence: https://en.wikipedia.org/wiki/Abingdon_Reservoir Looks like Thames Water (a private company) proposed the development nearly 20 years ago, but it was turned down by the Environment Agency, a government body. > Plans for a £1bn reservoir in Oxfordshire to supply more than eight million people over the next 25 years have been rejected by the government. > Thames Water wants to build a site on four square miles of land near Abingdon to help ensure future demand is met. > The bid went to a public inquiry but the secretary of state said there was "no immediate need" for such a site. "Abingdon £1bn reservoir plan rejected by government" | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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▲ | epolanski 4 days ago | parent | prev | next [-] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
> It's insane to plan out infrastructure on the belief that private companies are capable of building such large buffers You can make this a requirement by law. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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▲ | qcnguy 4 days ago | parent | prev [-] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
We're talking about the industry that just finished Thames Tideway, fully privately financed? A project that will last for at least 100 years and probably longer? A project that was needed for decades but was ignored by government and only got built thanks to the private sector? The idea private companies don't invest is just Labour propaganda. Another commenter has already pointed out your belief about reservoirs is wrong, as is the idea they wouldn't make other forms of investment. And all this has happened despite the government imposing socialist price controls on the industry, a move usually guaranteed to kill investment! |