Pull the other one!
The Government has given provisional approval to the building of at least 10 new nuclear reactors, costing around £50 billion each,
That’s £50 billion in total dear.
Blimey, don’t journalists have editors? People with at least a rough idea of relative sizes and costs?
As to this:
The Lib Dems had long opposed nuclear power but agreed in Coalition negotiations last year that existing power stations could be renewed as long as no public funds were involved. They demanded that energy firms no longer benefit from generous public subsidies and be self-funding.
They’re lying, of course. For they’re entirely happy for renewables to be subsidised massively: £6 billion a year coming on the Renewables Obligation alone.
What they’ve done is a piece of politician doublespeak. Nuclear cannot have direct taxpayer subsidy: OK. But nuclear also isn’t allowed to have the indirect, from customer bills or from obligations or from carbon prices, subsidy either. Indeed, nuclear still has to pay the climate change levy.
This only works because they can, hand on heart, say that renewables aren’t getting direct taxpayer subsidy. The subsidy is built into energy bills.
So they’re lying cunts the politicians. But then I repeat myself.