PFI waste contracts contain change-in-law clauses that pre-route carbon costs to councils. The bill was addressed before the policy existed. Now the invoice is arriving.

In this episode, we debate: whether PFI change-in-law clauses are a reasonable allocation of risk in long-term infrastructure contracts — or a pre-addressed invoice that ensures the public pays for pollution the private sector produces.

We unpack 4 concepts you will need before reading the article: Contractual Pre-Routing, Change-in-Law Clauses (Specific vs General), Minimum Tonnage Guarantees (Put-or-Pay), and The Renegotiation Lock.

This is Episode 2 of 3 in the Counting Smoke series — following The Dry Run and preceding The Displacement Risk.

Topics: waste incineration contracts, PFI, council waste costs, put or pay clauses, waste management policy, incineration

Read the full article: youreanatural.com/consumer-intelligence/the-council-bill