nuclear-news

Nuclear Free Local Authorities urge the UK’s new Chancellor to scrap plan to invest in the Sizewell nuclear white elephant

 Hot on the heels of the new Chancellor’s U-turn of everything his
predecessor held dear, the Chair of the Nuclear Free Local Authorities has
written to Jeremy Hunt to urge him to reverse the promised investment of
£700 million made by the previous prime minister on a flying-visit to
Sizewell C and to withdraw from making a commitment to taking an equity
stake in the nuclear ‘white elephant’.

In his letter to the Chancellor, NFLA Chair, Councillor David Blackburn asks for common sense and caution to prevail: “Once the government has Sizewell C on the hook, rather than
land the fish, it is more likely the fish will swallow you whole! Nuclear
projects are always inevitably delivered way over cost and way over time,
and, as an equity holder, His Majesty’s Government will be saddled with
ever greater demands for cash with an ever-decreasing likelihood of
offloading this turkey to a private investor.”

 NFLA 20th Oct 2022

October 21, 2022 - Posted by Christina Macpherson | opposition to nuclear, UK