Severn Trent calls for change of course

Severn Trent Water has issued proposals to make the water sector more environmentally and financially sustainable

Severn Trent Water has issued proposals to make the water sector more environmentally and financially sustainable.1

The report argues that the water sector is at a pivotal point, 20 years after privatisation.

Company debt has risen from nothing to £33bn since 1989 while bills have risen by 45%. The company’s debt-to-equity ratio is now 72%.
At the same time energy use has gone up by 113%. Carbon emissions continue to climb, flouting government targets to cut emissions by 20% by 2020.

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