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08.04.26 - 16:18
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′Should it all just be renationalised?′ – your water crisis questions answered (The Guardian)
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Sandra Laville has been reporting on England's sewage crisis for years. She answered your questions on the water privatisation scandal.Guardian environment correspondent Sandra Laville's reporting on the sewage crisis in English water has helped to expose a scandal of privatisation that has created a swell of fury across the political divide. Sandra has now finished answering your questions. Read the Q&A and join the discussion below.The government has put the cost of renationalising water at £100bn. But this is a disputed figure. Academics working with the People's Commission on the Water Sector say this figure is 'serious scaremongering created on biased evidence' which was paid for by water companies. It is based on the Regulatory Capital Value of companies as determined by Ofwat, not the” true and fair value in law”, which reflects losses from market failures, like the cost of pollution or the monopoly profits taken by shareholders and banks.The route to renationalisation could come via ...
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08.04.26 - 15:45
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Airline Stocks Soar On Iran Ceasefire As IATA Sees "Positive" Tailwinds, But Warns Jet Fuel Crisis Will Persist (ZeroHedge)
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Airline Stocks Soar On Iran Ceasefire As IATA Sees "Positive" Tailwinds, But Warns Jet Fuel Crisis Will Persist
Airline stocks are flying high in premarket trading in New York after the overnight ceasefire between the Trump administration and Tehran. The truce is a positive for the aviation industry, which has been locked in turbulence for six weeks, as surging jet fuel prices have crushed the margins of major carriers, forcing ticket and baggage price hikes and triggering travel chaos across the Gulf region.
"Even two weeks is a positive because we will see some flow of oil return," Willie Walsh, director general of the International Air Transport Association, told Bloomberg Television in an interview.
Walsh pointed out that even with a ceasefire underway, jet fuel prices "will remain elevated for some time."
"If crude has come down 16%, you like to think jet will come down by a similar figure, but it's still going to be a high price. That will mean higher ...
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08.04.26 - 07:24
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Turkey to race ahead of EU on battery storage amid fossil fuel crisis (The Guardian)
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More than 33GW of battery capacity approved for Turkish grid since 2022 compared with 12-13GW in GermanyTurkey has given the green light to more batteries to buffer its electricity grid than any EU member state, a report has found, in a further sign of rich countries losing steam in the race to a clean economy.More than 33GW of battery capacity have been approved in Turkey since 2022, according to the climate thinktank Ember, while the total planned and operational capacity in European frontrunners that started deploying them earlier, such as Germany and Italy, is 12-13GW. Continue reading......
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