National environmental emergency should be declared over 3.6 million hours of sewage spills, says Davey

The transcript discusses the environmental crisis caused by sewage pollution and the perceived inaction of the Conservative government. The Liberal Democrats propose tougher regulations, a sewage tax, and restructuring the water industry to address these issues. They criticize the regulatory bodies for failing to enforce laws and suggest that the water companies should bear the financial burden of rectifying the situation. Additionally, the transcript touches on the issue of small boat crossings, criticizing the Conservative government's policies and proposing closer cooperation with European counterparts to tackle the problem.

What are the consequences of underinvestment in the water industry according to the text?

What alternative solutions do the Liberal Democrats suggest for the issue of small boat crossings?