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#publicownership

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Energy advocacy group Platform have found that community-owned energy in the Scottish Highlands and Islands produces 100x as much social value (that is, the direct revenue, plus the value of jobs, plus other factors) as privately owned renewable projects do.

Public ownership - especially community ownership - should be the default model for renewables in Scotland. Given the obvious advantages - why isn't it?

platformlondon.org/resource/co

PlatformSocial value from renewablesCommunity-owned projects are punching well above their weight and returning vastly more wealth to local people than their privately-owned counterparts.

Today, #southwesternrailway in the UK returns back in the #publicownership. Its seems a small change on the surface, but its a big change as the train, the track, and the operations infrastructure as one. The public will see little change, but in time the joined up working will save money, when things go wrong (as they will) they can act quickly as one organization, ploughing money back into the running of the #railway for the benefit of passengers, not to line the pockets of shareholders

Canada must embrace public ownership. "The corporate world is swimming in profits. As a share of Canada's GDP, corporate profits have soared in recent years, reaching an all­time high in 2022. Lowering corporate taxes will further enrich wealthy shareholders — but it won't defend us against Trump's takeover fantasies. Making the rich richer isn't a nation­building strategy." #taxes #publicownership #canada #corporations thestar.com/opinion/contributo

Toronto Star · Linda McQuaig: There’s much talk about building a stronger Canada, but silence about the one strategy that actually workedBy Linda McQuaig

The government has set up a water commission to conduct the biggest review since privatisation. I just asked them to back bringing water companies into public ownership. Join me by sending the email here in just 60 seconds. weownit.org.uk/act-now/water-c
#water #sewage #PublicOwnership

We Own ItTell the Water Commission — Public Ownership NOW! | We Own ItEmail the government's commission on water to demand they call for public ownership.

#UK govt worst case scenario for nationalising water still leaves households better off

Research found an average of 35% of customer bills used to pay for interest on companies’ loans, & to pay dividends to shareholders

You're paying a #PrivatisationTax for #water companies dividends & debt

Publicly owned #ScottishWater doesn’t pay dividends to private shareholders, lost just 8% of revenue in interest payments

weownit.org.uk/news/government

We Own ItGovernment's worst case scenario for nationalising water still leaves households better off | We Own ItIf the government took water into public ownership, it could save customers £3 billion a year. Research shows that debt and dividends is crippling the industry’s ability to fix the sewage crisis.

#Ofwat is due to announce that it is giving in to #water firm #lobbying meaning bills could increase by as much as 84% by 2030!

I've written my (worthless) MP to attend a briefing next week on the state of the water sector

If you're worried about bills rising by up to 84% while our rivers and seas still face daily #sewage spills, send this template to your MP.

weownit.org.uk/ask-your-mp-sta

We Own It · Ask your MP to stand up for water bill payers!