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UK Chancellor blocks cheap renewable energy , while promoting expensive nuclear power

The Chancellor has been accused of keeping his head “buried in the
sand” and committing public money to expensive solutions to the climate
and energy crisis. Jeremy Hunt reiterated in the Spring Budget the
Government’s desire to invest £700 million in a new nuclear plant in
Suffolk, £20 billion in carbon capture and storage (CCS) and he suggested
that small modular reactors – a technology yet to be proved viable –
could receive funding.

He also said nuclear power will be reclassified as
“environmentally sustainable” while the Government’s
soon-to-be-launched Great British Nuclear scheme will boost investment in
the industry. Backing expensive technologies like CCS and a new nuclear
programme, while still blocking cheap onshore wind in England and failing
to properly insulate the UK’s energy-leaking homes, will leave the UK
hooked on high energy costs.

Bronwen Smith-Thomas, co-director at the
Climate Coalition said: “The Chancellor has delivered a budget in the
midst of an energy crisis while keeping his head buried in the sand.
“This government has the chance to kickstart a British golden era for
people and planet. This means supporting homegrown renewable energy and
buildings upgrades to bring down bills, protecting and restoring our
natural world, and providing support to the most vulnerable to insulate
them from the damaging impacts of climate change and the energy crisis.”
The Chancellor was criticised for his focus on nuclear and CCS instead of
insulation and renewables and MPs have questioned what has changed to make
nuclear power environmentally sustainable.

 Independent 15th March 2023


March 19, 2023 - Posted by | politics

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