14:26 Holly Lynch (Halifax) (Lab)

Water companies are currently regulated by Ofwat, and inevitably there is a strong focus on preventing over-abstraction of water sources, particularly in the context of fears that climate change will bring about prolonged periods of hot, dry weather. However, the Environment Agency warned in May that entire communities might need to be moved away from rivers if we are to prepare for a predicted, terrifying average global temperature rise of 4°C. Again, regulation must find the appropriate balance between the two threats of drought and flooding.

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