(1 week, 2 days ago)
Lords ChamberI will follow the strictures just put on us to stay with the amendment. I say to the noble Lord, Lord Deben, as he still came back for another bite, that as someone who sat on the Industry and Regulators Committee that looked into the water industry in detail, I know that the Victorian system reached its capacity in 1960, and public and private ownership both failed in different ways for the simple reason that he gave: short-termism. That is the problem we face: the multiple billions that have to be spent over a long period, and no Government looking to get re-elected for the next five years will ever spend it.
My Lords, I thank the noble Baroness, Lady Bakewell of Hardington Mandeville, for tabling this amendment and the noble Earl, Lord Russell, and the noble Baroness, Lady Jones of Moulsecoomb, for putting their names to it and contributing today.
Although we understand the noble Baroness’s intention, we do not believe that this amendment is the right approach to ensuring that our water companies act ethically and serve the customer. Neither do we believe that increasing offences for companies or for individuals is the right approach to decreasing water pollution. They are already subject to the powers of Ofwat and the Environment Agency; additional measures will just drive up legal costs and encourage hostile behaviour.
The Water (Special Measures) Act of last year placed a new duty on companies to publish an annual pollution incident reduction plan, and we should wait and see what the outcome of that policy is before we attempt to legislate further. It is undoubtedly an important issue, but we simply do not believe that this is the best way to go about it. I look forward to hearing the Minister’s response.