09-07-2021, 06:28 PM
1
Destruction of our chalk streams …
Destruction of our chalk streams is happening and it’s not down to the consumer either, it's due to actions by large water companies. One of these has today been fined a record £90million. This to be paid out of their profits, not out of what consumers pay."Chalk streams are sometimes called England’s coral reefs. In fact, they are rarer than that.
There are only around 200 chalk streams in the world and 85% of them are in England.
They’re unique, because their water is filtered through chalk aquifers. That keeps the water crystal clear and at a relatively constant temperature. Trout, salmon, kingfishers, otters and unique invertebrate life depend on them.
So it may be a surprise to learn that water companies spend quite a lot of time pumping water out of them, and putting untreated sewage in."
https://www.itv.com/news/2021-07-08/...ntreated-waste
09-07-2021, 06:52 PM
2
Re: Destruction of our chalk streams …
Originally Posted by Baz46
->
Destruction of our chalk streams is happening and it’s not down to the consumer either, it's due to actions by large water companies. One of these has today been fined a record £90million. This to be paid out of their profits, not out of what consumers pay."Chalk streams are sometimes called England’s coral reefs. In fact, they are rarer than that.
There are only around 200 chalk streams in the world and 85% of them are in England.
They’re unique, because their water is filtered through chalk aquifers. That keeps the water crystal clear and at a relatively constant temperature. Trout, salmon, kingfishers, otters and unique invertebrate life depend on them.
So it may be a surprise to learn that water companies spend quite a lot of time pumping water out of them, and putting untreated sewage in."
https://www.itv.com/news/2021-07-08/...ntreated-waste
But runoff from agriculture is another major contributor and is much more damaging because of agrochemicals they contain include toxins and insecticides that attack and destroy a huge amount of organic life at the bottom of the food chain.
09-07-2021, 07:15 PM
3
Re: Destruction of our chalk streams …
Originally Posted by The Artful Todger
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Well of course water companies do! They're businesses after all and legally required to provide shareholder value ie operating profit.But runoff from agriculture is another major contributor and is much more damaging because of agrochemicals they contain include toxins and insecticides that attack and destroy a huge amount of organic life at the bottom of the food chain.
Perhaps that law that decrees a profit must be delivered needs to
be modified and more specific ??
Donkeyman! 👎👎
09-07-2021, 07:23 PM
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Re: Destruction of our chalk streams …
Originally Posted by Donkeyman
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There's PROFIT, and profit Todgy, as you well know?Perhaps that law that decrees a profit must be delivered needs to
be modified and more specific ??
Donkeyman! 👎👎
09-07-2021, 07:42 PM
5
Re: Destruction of our chalk streams …
Originally Posted by The Artful Todger
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If a business complies with legal constraints placed on in terms of what it does then the ONLY requirement where maximising shareholder value is concerned is to get the OPTIMUM from the market. Unless specifically set out in its terms of corporation optimum return MUST be first.
Then the terms of constitution need to be modified by enforcing
legal requirements ??
This country is becoming third world due to the profit motif !!
Donkeyman! 👎👎
09-07-2021, 07:51 PM
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Re: Destruction of our chalk streams …
Originally Posted by Donkeyman
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That's wot l just sed Todgy!Then the terms of constitution need to be modified by enforcing
legal requirements ??
This country is becoming third world due to the profit motif !!
Donkeyman! 👎👎
At most they should address environmental factors and international operating constraints ONLY.
It is the responsibility of the board of directors of the Board to set the financial structure in terms of P&L by determining the market position they want to position the company in.
10-07-2021, 06:21 AM
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Re: Destruction of our chalk streams …
Originally Posted by Baz46
->
Destruction of our chalk streams is happening and it’s not down to the consumer either, it's due to actions by large water companies. One of these has today been fined a record £90million. This to be paid out of their profits, not out of what consumers pay."Chalk streams are sometimes called England’s coral reefs. In fact, they are rarer than that.
There are only around 200 chalk streams in the world and 85% of them are in England.
They’re unique, because their water is filtered through chalk aquifers. That keeps the water crystal clear and at a relatively constant temperature. Trout, salmon, kingfishers, otters and unique invertebrate life depend on them.
So it may be a surprise to learn that water companies spend quite a lot of time pumping water out of them, and putting untreated sewage in."
https://www.itv.com/news/2021-07-08/...ntreated-waste
On the way was a street called Foord Rd which I wonder if that was so named as a place to cross the river. The fire station used to regularly dam it where is disappeared to get water for their hoses. but I am not sure it is polluted with sewage.
10-07-2021, 06:50 AM
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Re: Destruction of our chalk streams …
Originally Posted by The Artful Todger
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The legal (operating) requirements do not and must not encroach on the management of a company in terms of how the business is run. At most they should address environmental factors and international operating constraints ONLY.
It is the responsibility of the board of directors of the Board to set the financial structure in terms of P&L by determining the market position they want to position the company in.
What about Fluid Assets?
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