Hints and tips:
Related Special Reports
...That has left the company rushing to raise more than £3bn in fresh capital by 2030, including £750mn by next year, to keep services running and improve its water and sewage infrastructure....
...“If they don’t know where the sewers are, they will also be ignorant of the age and condition of the pipes, raising serious questions about the value and liabilities associated with the infrastructure as...
...She warned that the government would need to match developments in transport, housing and water infrastructure with necessary ‘social’ infrastructure — health, education and social care — or risk losing...
...Steve Barclay, the environment secretary, has told the company and the regulator, Ofwat, that he does not want to see any relaxation of the regulatory regime that would allow Thames Water to eject more sewage...
...The National Infrastructure Commission, which advises the government on infrastructure, said in 2018 that the UK would need between 2.5bn and 4bn litres of additional water capacity in England per day by...
...Ofwat said: “Our scrutiny of business plans is ongoing, and we will ensure that any increase in bills is justified, efficient and delivers significant improvements for customers and the environment.”...
...hydrogen and CO₂ emissions....
...Now the companies have too much debt, they haven’t invested enough in infrastructure and some of the more recent shareholders are screwed.” Ofwat wants to lower utilities’ debt....
...Government debt is significantly greater and the geopolitical landscape is structurally different. The $3tn to $4tn it will cost each year come in a different macro environment.”...
...“The size of the fund is minuscule when compared to the gallons of effluent pouring into our rivers and coastal waters, all at a risk to people and [the] environment.”...
...Helen Wakeham, director of water transformation at the Environment Agency, said it wanted “complete transparency on discharges of sewage to our water environment”....
...Just 16 per cent of waterways in England and Wales meet minimum EU standards and none meet the standards for chemicals, according to separate Environment Agency data....
...Infrastructure is a big problem....
...The planning system also makes broader infrastructure costs and delays far worse....
...Gauteng’s water infrastructure was designed in the interwar years to feed the gold reefs and mining industry on which the city was built....
...The company needs £3bn of equity by 2030 just to pay its staff and suppliers, and to pay for maintenance and infrastructure improvements....
...A large proportion of UK infrastructure is owned by overseas investors and the water sector is no exception....
...Under those plans, drafted by the Treasury and the environment department (Defra), Thames Water would be managed by an arms-length body — modelled on the one that built London’s Crossrail project — while...
...This month, INA and Global Infrastructure Partners, which is set to be taken over by BlackRock in a $12.5bn deal, launched a joint effort to invest in infrastructure in Indonesia....
...“We will continue to monitor Thames Water as it seeks to turnaround its performance for customers and the environment.” Thames Water and its parent Kemble declined to comment....
...Those damages, now locked in and compounding thanks to historical emissions, stem from the effect of rising temperatures on factors relevant to economic growth, such as infrastructure, crop yields and labour...
...Better outcomes for customers, the environment and the long-term future of our region....
...If England is to remain an outlier, it needs to find ways of making its privatised sector work a lot better for customers, and for the environment....
...WR: For development, and to a small extent climate mitigation....
...The Environment Agency, the public body that polices water conservation, has put 9,000 houses and some 300,000 sq metres of research space in the Cambridge region on hold because planners were unable to...
International Edition