nuclear-news

The News That Matters about the Nuclear Industry Fukushima Chernobyl Mayak Three Mile Island Atomic Testing Radiation Isotope

UK’s “Central Government Supply Estimates 2017-18” promises a massive future bailout for the nuclear industry

– excitingly entitled “Central Government Supply Estimates 2017-18” – detailing changes to planned public expenditure since last Autumn’s
Budget 2017. At pages 162-64 you can find the Business, Energy and Industrial Strategy (BEIS) extra expenditure requests and clarification of
perceived liabilities.

These include several covering the privately-owned commercial nuclear industry sector. Below are the sections on nuclear, and
the most common read-out message is how often the liabilities for which the taxpayer is expected to take long term financial responsibility are
described as “unquantifiable.”

That is accurate, but what is omitted is the numbers are – based on accumulated experience to date, likely to be astronomically huge. This worryingly unacceptable situation,- whereby one industry (nuclear) of the electricity generating sector is being promised a massive future bailout from its liabilities- really should be examined in detail by our elected Parliamentarians and peers in several relevant committees and in the Estimates Debate on the floor of the Commons.
http://drdavidlowry.blogspot.co.uk/2018/02/nuclears-unquantifiably-huge-future.html

Advertisements

February 12, 2018 - Posted by | business and costs, politics, UK

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

%d bloggers like this: