Emeritus Prof Christopher May on Nostr: Head of OFWAT has written to the water utility companies (in a letter see by the FT): ...
Head of OFWAT has written to the water utility companies (in a letter see by the FT):
'Some companies are still paying significant dividends while failing to meet their environmental targets, having unacceptable combined sewer overflow spills & being subject to ongoing legal cases'!
Seems OFWAT have finally realised the soft-touch regulation they seemed to have preferred has now exposed them to serious criticism as the regulatory regime fails to deliver what the public actually want!
#water
'Some companies are still paying significant dividends while failing to meet their environmental targets, having unacceptable combined sewer overflow spills & being subject to ongoing legal cases'!
Seems OFWAT have finally realised the soft-touch regulation they seemed to have preferred has now exposed them to serious criticism as the regulatory regime fails to deliver what the public actually want!
#water