The evolution of the coalition’s nuclear policy

Remember this:

Charles Hendry saying “The coalition agreement clearly sees a role for new nuclear, provided that there is no public subsidy.”

I remember it well.

I thought about it last April when this headline broke::

Fro the Guardian, “Ministers planning ‘hidden subsidies’ for nuclear power.”

In case there was any confusion, Fiona Hall the Lib Dem leader in the European Parliament, clarified:

“Such a public subsidy to help build new nuclear power stations in the UK would go completely against the Coalition Government Agreement.”

Well, guess what. Now we have this:

The Guardian reports, “Energy secretary Ed Davey grants EDF permission to build and run two reactors at Hinkley Point in Somerset.”

Do I feel let down? Yeah, I do.

Hinkley Point


Caroline Lucas hits the nail on the head when she says:

“Despite the energy department’s attempts to rewrite the dictionary on the definition of a subsidy, it’s now blindingly obvious that billions of pounds of public money will be thrown at new nuclear in the form of a strike price and the underwriting of costs including accident liability and construction – in direct breach of the Coalition agreement”

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Filed under Climate Change, Economics, Politics

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