[Greenwich Park parched by the heat and lack of rain on 12 August 2022. Photo by Alisdare Hickson. Source: Wikimedia Commons.] |
"Water privatization has catastrophic results, as shown by France and the United Kingdom. Citizens across Europe are increasingly opposed to the liberalization of essential services. But with climate change worsening droughts and heatwaves, public ownership is only the first step towards just and effective water management.
European policy has traditionally treated water as an abundant commodity to be extracted for profit. The severe droughts recently experienced in Europe indicate that this era of abundance is over and have brought home the true value of water as a precious and scarce resource. It is time to look at water in a new light.
This new situation requires a radical change in our approach to water policy and management. Former attempts to integrate water resources into the European single market now appear short-sighted at best and potentially disastrous. In order to build the resilience necessary to overcome the climate-related challenges ahead, we can no longer allow water to be exploited by market forces for private gain. The neoliberal water policies in place in many European countries need to be reversed, and water must be subject to public or commons-based governance. Only in this way can we build resilient water systems and keep water universally available and affordable.
Privatization and resistance
The current era of water privatization first began to emerge in the 1980s when, under the conservative rule of Margaret Thatcher, the UK government oversaw the transformation of water facilities into private assets. Water was privatized in England and Wales in 1989 as part of a wider liberalization agenda for public services and resources. Ten regional water authorities and their proprietary infrastructure were completely transferred to privately owned companies. As a result, water companies became ‘permanent regulated monopolies’, facing ‘public sector levels of competition and risk’ with ‘private sector levels of profit and return’.1
The result was a complete collapse in investment in water infrastructure with serious consequences for water losses. Private company Thames Water, which provides water to the London metropolitan area, has been criticized for its inability to deal with huge leaks from its pipes. The estimated water loss is 600 million litres per day – almost a quarter of all the water it supplies. This quickly becomes a severe problem in the context of drought-induced water scarcity. Thames Water and Southern Water, another large water and wastewater company, have also been criticized for unacceptable levels of sewage pollution and spills, which seriously affect both valuable ecosystems and public health."
Read more (especially about Italy and remunicipalisation of water in France) from source at Eurozine here.
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