nuclear-news

Sizewell C nuclear – a huge black hole for taxpayers’ money

“If the Chancellor is looking for cheap, reliable, energy independence,
he is backing the wrong project, as Sizewell C’s ultimate cost and
technical reliability are so uncertain and building it is reliant on French
state-owned EDF.

Green-lighting Sizewell C also loads more tax onto
struggling households, who would be forced to pay a nuclear levy on bills
for a decade before they could light a single lightbulb. Despite the
Chancellor’s statement, Sizewell C still needs financing, and with at least
a year before it’s decided whether it will finally go ahead, we’ll keep
fighting this huge black hole for taxpayers’ money, when there are cheaper,
quicker ways to get to net zero.”

Stop Sizewell C 3rd Dec 2022

December 5, 2022 - Posted by Christina Macpherson | business and costs, politics, UK