Good to see you in London last week Stella. What is particularly interesting (or alarming) about the EPA data is that when you track these reports back to the 1990s, you see a pattern of capex deferral and a cumulative decline in the health of these systems. It also appears that water capex (especially sewerage and sewage treatment) has become politicised, with some Republicans seeking to dilute legislation. The irony here being that the crucial legislation was put in place by Presidents Nixon and Reagan.
Published by David Lloyd Owen, Envisager - Managing Director
Good to see you in London last week Stella.
What is particularly interesting (or alarming) about the EPA data is that when you track these reports back to the 1990s, you see a pattern of capex deferral and a cumulative decline in the health of these systems.
It also appears that water capex (especially sewerage and sewage treatment) has become politicised, with some Republicans seeking to dilute legislation. The irony here being that the crucial legislation was put in place by Presidents Nixon and Reagan.