• Publication Coronavirus September 2020 (and March 2021): the temporary and the permanent impacts of coronavirus
    March 25, 2020

    For very good reasons all attention is on the immediate containment of the coronavirus and protecting lives. It is also about holding the economy together and helping people and businesses faced with an unprecedented combination of demand and ...
  • Publication Environment Is rewilding the answer?
    March 16, 2020

    The last decades have been characterised by the continued destruction of the natural environment, punctuated by the occasional “successes”, like Red Kites and Sea Eagles. Faced with the broad history of failure, many have turned to the idea that what is n
  • Video Transport Decarbonising Transport
    March 3, 2020

    Presentation for Transport Knowledge Hub National Workshop
  • Publication Water Floods, water company regulation and catchments: time for a fundamental rethink
    March 2, 2020

    Floods happen. They always will. The question is how to limit their impact. Short of stopping the rain, there are several obvious strategies: holding water upstream; slowing flows; building walls and other physical barriers; and building resilience into p
  • Publication Regulation Thirty years after water privatization—is the English model the envy of the world?
    November 11, 2019

    The paper considers whether water privatization 30 years ago has delivered the promised superior performance to nationalization, which remains the dominant model in Europe.
  • Publication Transport HS2: a conclusion in search of a rationale
    September 5, 2019

    What is the question or questions to which HS2 is supposed to be an answer? As with a number of big and long-term projects, as one rationale collapses another is grasped in the attempt to justify doing something, rather than work out whether it is a...
  • Video Environment Introduction to Green and Prosperous Land: A Blueprint for Rescuing the British Countryside
    March 7, 2019

    An Introduction to my new book - Green and Prosperous Land
  • Publication Regulation The Systems Regulation Model
    February 12, 2019

    There is widespread dissatisfaction with many of the privatised utilities. In the rail sector, despite gaining from much higher revenues from a doubling of demand and significantly higher real prices, performance has been subject to repeated criticisms...
  • Publication Regulation The Dividend Puzzle: what should utilities pay out?
    December 4, 2018

    Why does Centrica yield 9.3% and SSE 8.4%, whilst DRAX yields 3.2%? Why do United Utilities, Severn Trent and Pennon yield respectively 5.0%, 4.8% and 4.4%, and National Grid 5.8%, whilst BT yields 6.0% (all at the end of November 2018)? Why are they...
  • Publication EU Membership BREXIT: The Hotel California Syndrome
    September 10, 2018

    The Eagles song, Hotel California, has the memorable line: “you can check out any time you like. But you can never leave!”, which is a striking metaphor for the BREXIT negotiations. The full verse is:
  • Publication Water Who owns the water companies?
    July 24, 2018

    Who owns the water companies? Are publicly quoted companies better than private equity and infrastructure owned companies? Does it really matter? All sorts of claims are being made, and the merit of the discussion is that it asks very good questions...
  • Publication Regulation RIP RPI-X Regulation - OFWAT and OFGEM nail down the coffin
    April 17, 2018

    RPI-X regulation has had a good run. It was a deceptively simple idea: fix the prices and leave everything else to the companies and the markets to sort out how best to maximise profits by minimising costs. That simplicity was its great strength...
  • Publication Water Water Boarding
    February 14, 2018

    The water industry is in play - with the regulators, and with the politicians. Labour proposes to renationalise the water companies, and the government and the regulators are determined to toughen up the regulation to show that privatisation works for...
  • Video Water Water Boarding
    February 14, 2018

    The water industry is in play - with the regulators, and with the politicians. Labour proposes to renationalise the water companies, and the government and the regulators are determined to toughen up the regulation to show that privatisation works for...
  • Presentation Environment Natural Capital & Sustainable Economic Growth
    May 24, 2017

    Presentation for University of Oxford, Plant Science department
  • Publication Environment Waste Policy - tidying up the mess we are in
    May 18, 2017

    Out-of-sight and out-of-mind could be the motto of waste policy over the last few decades. We have dumped sewerage in our rivers and offshore, rubbish has gone to landfill sites, plastics into the sea and nuclear waste to storage sites. The results are..
  • Presentation Water The Future of Flood Management
    May 17, 2017

    Presentation for Floodex Conference
  • Presentation Environment Natural Capital & Sustainable Growth
    April 17, 2017

    Presentation for Natural Devon
  • Presentation Environment The Natural Capital Approach for National Parks
    April 7, 2017

    Presentation for Exmoor Society
  • Presentation Environment Upland Farm Support after BREXIT
    March 31, 2017

    Presentation for South West Uplands Network
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