Comment: Ofwat announcement on new investment in environmental projects
Reacting to the Ofwat announcement that the water sector is set to invest £2.8 billion in environmental projects, Environmental Audit Committee Chairman, Rt Hon Philip Dunne MP, said:
“I warmly welcome today’s announcement by Ofwat giving the green light for a number of badly needed environmental improvement schemes. This allows an additional £850 million of capital investment across several water companies who are leading the industry approach to improving their environmental impact. This a positive step in the right direction, with many measures seeking to improve water quality of rivers and reduce the environmental harm from sewage discharges.
“However, this piecemeal approach to investment by the water companies simply demonstrates the urgent need to upgrade our regulatory and investment model. We still need coherent long-term plans and funding to address water companies’ inadequate and polluting sewerage systems.”
“I am particularly pleased as a Shropshire MP that Severn Trent has proposed and been awarded a very significant proportion of the capital schemes to improve water quality within its catchment, notably the plans to pilot bathing water quality on the River Teme around Ludlow. I look forward to working with Severn Trent to help deliver this project.”
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