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It is widely accepted that water will be the “oil of the 21st century”. It follows that the ownership and control of these resources will be critical.
The Government is now saying it will create legislation to hold a “plebiscite”, if necessary, on the ownership and control of our water. Apart from the fact that the outcome of a “plebiscite” is not legally binding, why are they not holding a referendum to ensure water resources remain in public ownership in perpetuity?
There is every chance, given the latest version of the “new funding model”, that the company known as Irish Water will become insolvent.
It is not out of the question that a large commercial conglomerate could then offer to purchase the company. This would be akin to Naomi Klein’s “shock doctrine” where a multinational offers a couple of billion in a crisis situation.
Why the refusal of Government to even debate the issue of a referendum?
There is a grim precedent in what happened to our gas resources in 1987.
Is it possible that coming up to the centenary of the 1916 Rising that another tranche of our resources could be sold for a song?
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