Why does the price of water vary Flashcards
1
Q
What does the IMF restrict?
A
It restricts government spending on water
2
Q
Why are consumers having to pay higher charges for water supplies?
A
Governments are privatising water
3
Q
Why do consumers need to pay higher prices for water?
A
To provide profits for the private companies and also cover extra investment costs
4
Q
What is Ireland’s approach in regards to water?
A
Ireland only began charging for water in 2012. In 2016, water bills there were 75% less than in the UK
5
Q
Why does Denmark have the world’s most expensive water?
A
The government aims to cut water consumption through high pricing
