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Absolute NO to tax-payer funded nuclear power

text-my-money-2flag-EUGermany says using tax money for nuclear power ‘out of the question’ BY BARBARA LEWIS AND TOM KOERKEMEIER BRUSSELS Thu Mar 5, 2015 (Reuters) – Using taxpayers’ money to fund nuclear power is “absolutely out of the question”, German Economy Minister Sigmar Gabriel said on Thursday, in an apparent swipe at British plans to finance new atomic generation.

Gabriel was arriving for talks in Brussels on the European Commission’s proposal for an energy union, which would deepen cross-border cooperation on energy across the 28-member EU…….

“There are countries in the EU that want to support nuclear power with tax money. We think that is absolutely out of the question,” Gabriel said.

“We will not agree by any means that nuclear energy be supported by public money. Nuclear energy is the most expensive kind of generation. It has now been around for 50 years, it is not new and it is dangerous.”

Gabriel did not directly mention Britain’s plans to finance new nuclear generation to be built by French utility EDF at Hinkley Point in southwest England.

The European Commission last year approved state aid for the 16 billion pound ($25 billion) plan, drawing fierce criticism and legal action from those who say the subsidy distorts competition.

On Wednesday, a German energy cooperative announced it would take legal action against Britain’s plan to pay a guaranteed price for power produced at Hinkley Point….. http://www.reuters.com/article/2015/03/05/us-eu-energy-nuclear-idUSKBN0M115Q20150305

March 6, 2015 - Posted by | EUROPE, Germany, politics international

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