Nationalising water will not help the industry
22 August 2022
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In the Media
Professor Len Shackleton quoted in The Telegraph
22 August 2022
Energy and Environment
Andy Mayer quoted in City A.M.
22 August 2022
Lifestyle Economics
15 November 2024
Matthew Lesh quoted in The Express
Matthew Lesh, IEA Head of Public Policy, has been quoted extensively in The Express on nationalising water.
Arguing that this would lead to dramatic underinvestment in the industry, Matthew says:
“It’s truly laughable to claim that renationalising water could magically fix all our problems.
“If we nationalise the water companies what’ll happen is water will have to compete with eduction and healthcare, with funding the national debt, all sorts of different things.
“We should actually start by scrutinising what the situation was like prior to privatisation, which is that was significant underinvestment in the system.”
Read the article here.
Arguing that this would lead to dramatic underinvestment in the industry, Matthew says:
“It’s truly laughable to claim that renationalising water could magically fix all our problems.
“If we nationalise the water companies what’ll happen is water will have to compete with eduction and healthcare, with funding the national debt, all sorts of different things.
“We should actually start by scrutinising what the situation was like prior to privatisation, which is that was significant underinvestment in the system.”
Read the article here.
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