|
Following up on Enron's attempt to privitize
Florida's water and wastewater facilities (http://www.naplesnews.com/02/03/perspective/d738560a.htm
)
I thought this would be of interest. Cheers,
Donald Sutherland
Monopolies on the Local Water
Front
Posted Jan. 22, 2002 By Sheila R. Cherry http://www.insightmag.com/main.cfm/include/detail/storyid/166690.html For most Americans opening a tap to receive fresh, clean
water is as basic as a flush toilet. But the nation's water and wastewater
infrastructures are aging, creating an opportunity for multinational
corporations that have recognized the profit potential for buying up
cash-strapped municipal utilities.
Many cities, counties and townships are turning to giant conglomerates that promise to pick up the tab for renovating and/or operating outdated water utilities in exchange for a guaranteed profit under monopoly authority. These arrangements are called "build-own-transfer" or "build-own-operate" contracts |