Housebuilding: the Tories have been looking for something on which they can blame their failure to build enough new homes – and have found it in the form of legal protections for river life. So they are scrapping those protections and forcing you to pay for pollution prevention measures.
Exactly as This Site predicted only hours ago, evidence is showing that a Tory government decision to scrap “nutrient neutrality” rules that protect river life from harm caused by housing developments is creating huge profits for builders.
Meanwhile, the cost of cleaning up their mess is set to fall on the public purse.
Here’s the evidence about building firms:
And there you have it, what today's announcement was actually all about.
Barratt Developments' share price up 3.43% this morning company now valued at £4.34bn and Taylor Wimpey up 2.88% company valued at £3.97bn.
That's what happens when you get rid of environment regulations. https://t.co/Pxxtwjrcgf pic.twitter.com/NofJTJQVKd
— Feargal Sharkey (@Feargal_Sharkey) August 29, 2023
And The Guardian is saying the following about how the bill for their pollution will now be paid:
Taxpayers will pick up the bill for pollution by housebuilders, government officials have admitted, as rules on chemical releases into waterways are scrapped.
The government has said it will double Natural England’s wetland funding to £280m in order to show it is trying to meet the requirements of its legally binding Environment Act.
This extra £140m will come from the public purse, the government confirmed. When asked by the Guardian whether this meant the taxpayer was now picking up the bill for pollution caused by developers, a government official responded “yes”, adding that while “the polluter pays principle is very important”, it was having too many adverse impacts on small- and medium-sized housebuilders.
So there you have it.
You paid for the privatised energy companies’ enormous profits. You paid for the privatised water firms to pollute our rivers. And now you are to pay for mitigation of the already-private builders’ attempts to kill off any remaining life in our waterways – if such mitigation ever happens.
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