nuclear-news

Nuclear Free Local Authorities (NFLA) see Revenue Asset Base (RAB) financial model as a danger to UK’s public purse

NFLA 16th Sept 2019, The Nuclear Free Local Authorities (NFLA) publishes today its response to
the UK Government consultation on the Revenue Asset Base (RAB) financial
model being proposed to assist the funding of new nuclear reactors.

NFLA see this new model as a real risk to the public purse, providing
preferential treatment to new nuclear over renewable energy investment, is
overly complicated to implement at a time when the ‘climate emergency’
calls for more straightforward and realisable schemes like energy
efficiency and decentralised energy solutions instead.

http://www.nuclearpolicy.info/news/nfla-view-governments-proposed-funding-new-nuclear-reactors-moving-risks-taxpayer/

September 19, 2019 - Posted by Christina Macpherson | business and costs, politics, UK