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Paul Dorfman: Nuclear power is just a slow and expensive distraction.

Despite recent breakthroughs in nuclear fusion, renewables remain the most
important technology for reaching net zero. “Fissile fuel” is back –
or so say the UK’s policy teams and press.

Rishi Sunak and Emmanuel
Macron are about to strike a deal on nuclear cooperation, and recent
editorials across national newspapers all reckon everything in the garden
is nuclear. Where, however, is the evidence for its efficacy?

The British and French governments can sign any deal they like – if key financial
investors don’t take up the remaining 60 per cent of construction costs,
the planned Sizewell C plant in Suffolk is going nowhere. The omens
aren’t good.

Recently Sir Nigel Wilson, group CEO of Legal & General, one
of the UK’s largest real assets firms, told BBC Radio Four: “We are not
big fans of Sizewell C.” Sir David King, the UK’s former chief
scientific adviser and a long-standing nuclear supporter, told LBC that the
plant would be “very difficult to protect from flooding” due to rising
sea levels on the Suffolk coast.

 New Statesman 13th Dec 2022


December 14, 2022 - Posted by | business and costs, UK

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