Water White Paper Debate
Full Debate: Read Full DebateLord Liddle
Main Page: Lord Liddle (Labour - Life peer)Department Debates - View all Lord Liddle's debates with the Department for Environment, Food and Rural Affairs
(1 day, 12 hours ago)
Lords ChamberI thank the noble Duke for his broad support for the White Paper. He has been a champion of improving the situation with our water systems.
He asked about the new regulator. We intend to make formal appointments to the board of the new water regulator at the earliest opportunity. We want to get cracking with this. I am not in a position to say whether the Bill will be in the next Session or when it will come, but I reassure the noble Duke that this is a top priority for Defra. We are working very hard to bring this forward as soon as we can.
We are considering the funding arrangements that we will need, but I assure the noble Duke that the new regulator will have the power to deliver its responsibilities in full. We want to make sure that any new regulator is able to do the job and do it well.
My Lords, I congratulate the Government on producing this White Paper and on putting into effect the excellent work that Sir Jon Cunliffe did in his review.
The water industry has been an example of the worst of the capitalist system—not value creation but value extraction in a major way. Obviously, a major concern of any Government is keeping down the cost of living. My fear is that we will create a situation where the Government and the regulator are under pressure from the companies to allow environmental standards to be further weakened to make the finances add up and to save them from bankruptcy. Can my noble friend assure me that we will not tolerate any of that nonsense?
Absolutely; water companies have done an extremely good job of trashing the environment and causing pollution. This White Paper and the water Bill that we will be bringing forward are designed to stop that, to have a water system that people can trust and to have water companies that behave as we would expect them to behave. They have a responsibility for the environment. They should take that responsibility much more seriously.