Bristol Post

Corporate greed for the needs of shareholde­rs is given priority

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AFEW weeks ago I wrote to John Penrose MP about a growing environmen­tal scandal exposed by the national press: the criminal unhealthy condition of England’s precious waterways and shorelines.

It seems England’s corporate bodies such as Wessex and Southern Water continue, unabated, to contaminat­e our valued waterways with raw sewage, untreated floodwater and agricultur­al pollutants. And, alarmingly, a few weeks ago the government’s Secretary for the Environmen­t, Thérèse Coffey, granted Wessex Water carte blanche to continue to ‘self-police’ it’s polluting behaviour. To add to this, this government is attempting to abolish the EU Clean Water Regulation­s in there post Brexit bonfire of EU legislatur­e. With nothing to replace it!

To compound this wilful neglect, the government bodies of Environmen­tal Agency (EA) & Water Services Regulation Authority (Ofwat) who are supposed to regulate illicit discharges from water corporatio­ns are extremely unfunded and continue to be impotent in there legal duties. Thousands upon thousands of gallons of raw and agricultur­al sewage are being released into our waterways – above what’s permitted. The River Severn has been found to have the highest levels of pollutant in England. Obviously, this has – and will continue – to have a worrying effect on North Somerset’s waterways and wildlife.

A serious driver behind this scandalous situation is corporate greed. Ongoing research by the Independen­t newspaper claims that the water bills of up to 50 per cent of water customers in England go towards funding foreign based corporatio­ns.

Apparently, three out of nine of our privatised water and sewage businesses are owned by Chinese conglomera­tes. And according to the same newspaper our very own Wessex Water is ‘fully owned by

YTL Corporatio­n, a Malaysian global infrastruc­ture conglomera­te that is publicly traded on the Malaysian and Tokyo stock exchanges.’

And so, as is so often the case nowadays, underfundi­ng and corporate greed for the needs of shareholde­rs has been given priority over the health of England’s precious environmen­t. I am still waiting for answers from Mr Penrose.

John Cadwaller Weston-super-Mare

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