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The same kinds of issues arise when we talk about whether we should improve public transport? What sort of response should we take to greenhouse gas in the case of electricity? And so on and so forth. If we are going to induce private investment, we're going to have to either Valentino Sandals compensate the investors for the risk about adverse government decisions, by paying them a high premium, or we're going to have to tie the hands of government a long way in advance. Neither of those things is desirable and therefore, where the involvement of government is sufficiently great, where it's more than simply providing a basic legal framework of contracting and so forth, the case for the government handing over the operation of production of services to the private sector is correspondingly weakened.