Richard North, 13/05/2012  

Booker water 04668-ghjwp.jpg

Booker has been in Australia, only returning to the great water shambles this week, just in time to tell the real story of how the water supply industry has been transformed.

From a publicly owned, if undercapitalised operation, that was actually set up to provide water for its customers, it has become a series of disjointed, profit centres, some foreign-owned. 

As an industry, its current task is to implement a government-mandated rationing programme, enabled by artificially-induced shortages and officially sanctioned price rises, all driven by EU-originated policy, distorted by climate-change ideology.

From my laborious working out, culminating in this post and this, Booker's column is a masterpiece of compression, so I will let him tell the story.


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