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French-Chinese Nuclear Power Station in the UK Makes No Sense

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From Greenpeace:
Hinkley Deal Makes No Economic Sense: Greenpeace
LONDON – Commenting on the agreement struck by French-owned EDF and China’s CGN on Wednesday to build a fleet of new nuclear reactors at Hinkley and other two locations in the UK, Greenpeace UK chief scientist Dr Doug Parr said:

“With this deal George Osborne is not so much backing the wrong horse as betting billions of consumers’ money on a nag running backwards. There’s no end in sight for the nuclear industry’s dependence on billion-pound handouts whilst the renewable sector is on the verge of going subsidy free. Backing the former and punishing the latter makes no economic sense whatsoever. Our grandchildren will one day wonder why their bills are propping up a foreign-owned, outdated, and costly nuclear industry instead of supporting cutting-edge UK firms producing cheap clean energy. There’s no other reason for the government to go through…

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October 25, 2015 - Posted by | Uncategorized

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