Antinuclear

Britain’s new coalition govt a big worry for nuclear industry

“No private sector investor has built a nuclear power station anywhere in the world without lashings of government subsidy since Three Mile Island and Chernobyl. The World Bank refuses to lend on nuclear projects because of the long history of overruns. Our message is clear, No to nuclear, as it is not a short cut, but a dead end.”

Britain’s nuclear industry wakes up to an explosive problem as Chris Huhne moves in – Telegraph Blogs, 14 May 2010, “…………there remains a sizeable threat that the Liberals could force a time-consuming and costly public inquiry that delays the new build. The idea that Chris Huhne will have to formulate regulatory policy and set out a timetable for nuclear is likely to be a considerable worry.

Most destabilising is the fact that policy will probably not be clear for some time, for Mr Huhne is going to have to square his Department’s theoretical support for nuclear with his own views (in a previous speech on energy) that:“No private sector investor has built a nuclear power station anywhere in the world without lashings of government subsidy since Three Mile Island and Chernobyl. The World Bank refuses to lend on nuclear projects because of the long history of overruns. Our message is clear, No to nuclear, as it is not a short cut, but a dead end.”

Britain’s nuclear industry wakes up to an explosive problem as Chris Huhne moves in – Telegraph Blogs

May 14, 2010 - Posted by Christina Macpherson | uranium | antinuclear, nuclear, nuclear costs, nuclear weapons, uranium