Drought

[Matesrates]

Being predicted to be announced tomorrow in the South West. I’ve always wondered how the Canary Islands deal with it, they have almost no rainfall and must use massive amounts of water with all those swimming pools and showers in hotels. Where do they get it from.

 

[Limechase]

The magic water tree

 

[tangerine_neil]

Generally helps when it’s an island surrounded by water

 

[Scaramanga]

Generally helps when it’s an island surrounded by water

Like the UK

 

[tangerine.com]

Raining next week.

 

[Limechase]

Then it'll flood

Raining next week.

 

[southshorepool]

If only billions of gallons of water wasn't being wasted every day. I wonder what could be done about that, that doesn't affect shareholders and CEO's?

 

[Wizaard]

Like the UK

Quite. The difference is we flush toilets and water gardens with drinking quality water. They use waste water for many other purposes than we do.

Also, our infrastructure loses 25% en route to the tap, 36 billion gallons a day.

That's a lot of hosepipes.

 

[Chunkylad]

If only billions of gallons of water wasn't being wasted every day. I wonder what could be done about that, that doesn't affect shareholders and CEO's?

I could leave every tap on that exists in the house and it still wouldn’t even register on the wasted water meter compared to the billions of gallons leaking out of pipes that they’re supposed to maintain…..

Still dividends were just fine for these little monopoly companies board I am sure

 

[Scaramanga]

Quite. The difference is we flush toilets and water gardens with drinking quality water. They use waste water for many other purposes than we do.

Also, our infrastructure loses 25% en route to the tap, 36 billion gallons a day.

That's a lot of hosepipes.

Maybe they also prepare by building reservoirs to suit the population growth, unlike us.

 

[Wizaard]

Maybe they also prepare by building reservoirs to suit the population growth, unlike us.

True enough. We're basically relying on Victorian/ Edwardian infrastructure.

 

[Lost Seasider]

Interesting article, as is often the case the truth is different to the popular picture: https://capx.co/knee-jerk-nationalisers-have-no-idea-how-the-water-industry-actually-works/

 

[Tangman74]

If only billions of gallons of water wasn't being wasted every day. I wonder what could be done about that, that doesn't affect shareholders and CEO's?

Absolutely- perhaps United utilities should be held countable for some of this

 

[Wizaard]

Interesting article, as is often the case the truth is different to the popular picture: https://capx.co/knee-jerk-nationalisers-have-no-idea-how-the-water-industry-actually-works/

Interesting indeed. Private companies spending just enough to meet the target, rather than trying to resolve the issue, because that might impact dividends.

 

[Matesrates]

Water, water everywhere and not a drop to drink

 

[todayistheday]

I could leave every tap on that exists in the house and it still wouldn’t even register on the wasted water meter compared to the billions of gallons leaking out of pipes that they’re supposed to maintain…..

Still dividends were just fine for these little monopoly companies board I am sure

Sounds like you have no shares in these companies, how are your buys doing.

 

[Tangerinemoss]

Interesting article, as is often the case the truth is different to the popular picture: https://capx.co/knee-jerk-nationalisers-have-no-idea-how-the-water-industry-actually-works/

Very interesting, at face value. Yet another Government appointed regulator putting business profits before the public good.

Of course, the missing bit of the jigsaw is why companies feel the need to take on enormous borrowings, at the same time as paying out even more to Shareholders and their CEO's.