Our country’s valuable water resources must stay in public hands to protect taxpayers and consumers. Sadly, in these tough economic times, many cities and towns are struggling to keep up with the escalating costs of rejuvenating their aging water systems. The federal support that once helped sustain our nation’s vital water infrastructure has all but washed away, and an extensive credit crunch threatens state and municipal budgets.
Confronted with these hard realities, certain public officials have attempted to abdicate their responsibility by transferring control of water and sewer utilities to the private sector. This practice is unaccountable and damaging to communities. When multinational water corporations take over the ownership, operation or management of water systems, costs grow and households must pay much more, if not through their water bills then through damage to the environment.
The research shows 10 main ways that private control of our public water resources costs the public. Read the fact sheet.