The privateers may find a wrench in the works as they try to move forward with their P3 plans for the Halifax harbour cleanup. A citizens group has challenged the environmental assessment of the process, saying it excluded community input and didnt tackle serious environmental concerns related to the new sewage treatment system. The city has also not resolved a human rights complaint about the P3 plans, which include building a sewage treatment plant in a low-income and racially diverse part of town.
Adding to the P3 problems, reports emerging from Europe show there may be financial troubles ahead for water multinational Suez. The corporation is selling assets and cutting its debt. One report suggests Suez is unloading a British water company because it decided the regulatory environment in Britain was too constraining. Suezs United Water scooped up the Halifax contract. Add in the news from Atlanta and the list of reasons not to privatize grows even longer.
Adding to the P3 problems, reports emerging from Europe show there may be financial troubles ahead for water multinational Suez. The corporation is selling assets and cutting its debt. One report suggests Suez is unloading a British water company because it decided the regulatory environment in Britain was too constraining. Suezs United Water scooped up the Halifax contract. Add in the news from Atlanta and the list of reasons not to privatize grows even longer.