Question Water Companies

Water Companies?

  • Nationalise

    Votes: 10 83.3%
  • Private (As is)

    Votes: 0 0.0%
  • Private (Increased Regulations/Fines)

    Votes: 2 16.7%

  • Total voters
    12

Bodhi

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Probably worth building some more reservoirs in that case - something those evil capitalist water companies have been wanting to do for years, but it turns out NIMBYism is a more powerful force.

Most ironic bit being the NIMBYs are the ones first to complain during a hosepipe ban.

Welcome to the consequences of your actions, NIMBY fucktards.
 

Bodhi

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Welsh Water is a non-profit organisation, which I'm sure you're aware of. Scottish Water are still nationalised, so I'm sure things are much better in Scotland!

They aren't, it just gets recorded as a hate crime if you criticise Scottish Water.
 

Raven

Happy Shopper Ray Mears
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Welsh Water is a non-profit organisation, which I'm sure you're aware of. Scottish Water are still nationalised, so I'm sure things are much better in Scotland!

They aren't, it just gets recorded as a hate crime if you criticise Scottish Water.

Strange that they are claiming that existing stock is not full.

They would be, if we didn't just pump everything into the rivers and seas.
 
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Scouse

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Something those evil capitalist water companies have been wanting to do for years
Nope. Not NIMBY-ism.

They want the government - i.e. the public - to fund 'em. But they won't stop dividends to shareholders to perform repairs or upgrades - they want to increase our bills.
 

Bodhi

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Nope. Not NIMBY-ism.

They want the government - i.e. the public - to fund 'em. But they won't stop dividends to shareholders to perform repairs or upgrades - they want to increase our bills.

You mean like the massive reservoir Thames Water proposed to build and fund in Abingdon, but the local NIMBYs said no?

 

Bodhi

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Strange that they are claiming that existing stock is not full.

They would be, if we didn't just pump everything into the rivers and seas.

They don't have much choice where stuff gets pumped considering UK Sewers are designed to carry sewage and excess rainfall.
 

Scouse

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You mean like the massive reservoir Thames Water proposed to build and fund
No increase to bills? They're stopping dividends? They're not expecting the public to stump up?

Still not "stopped" at all. The so-called 'nimbys' want clarity over the plans. You know, trivial stuff like environmental impacts, increased flood risks. And, you know, the answer to the question why don't they fix their fucking pipes that piss 30% of capacity into the ground every day?

Either way. Not stopped.
 

Raven

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Fuck'um, let them go bust, hoover up the pieces and privatise them. At least fuck them with capitalism.
 

Scouse

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Fuck'um, let them go bust, hoover up the pieces and privatise them. At least fuck them with capitalism.
Rule 1: Privatise the gains, socialise the losses.

Government is talking about "temporary public ownership" - so we pay them for their shares, then we re-nationalise when we've spent all the money - at a discount ofc.
 

Embattle

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Rule 1: Privatise the gains, socialise the losses.

Government is talking about "temporary public ownership" - so we pay them for their shares, then we re-nationalise when we've spent all the money - at a discount ofc.

Actually I believe a recent law change made the government not liable to any of the debt if they take it over.
 

Scouse

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Actually I believe a recent law change made the government not liable to any of the debt if they take it over.
Even if true, we'll still ramp up the bills, pay for the investment and re-privatise.
 

Scouse

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UK and Canadian pension funds as well as Chinese and Gulf State investors pulled the planned £500m cash injection when Ofwat rejected proposals to raise customer bills by 40% above inflation by 2030

We'll pay eventually. Government will cover it rather than let state investors lose cash. It's just how are Labour going to do it whilst making it look like they're not the tories?
 

Embattle

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Fuck the investors, they've already taken enough money out of it.
 

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