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Time to shelve Hinkley Point C?

Alan Debenham: December 19, 2023,  https://somersetapple.co.uk/news/time-to-shelve-hinkley-point-c

SEASONAL old TV films could well remind us of the 1990s popular sit-com Drop the Dead Donkey about a fictional national newspaper’s forever squabbling journalists, where it was imperative to drop all stories past their sell-by date. Very much like the growing absurdity of the little-mentioned massive overspend and time delay over the enormous Hinkley C  nuclear power station construction project on the Severn estuary. Would be good if last week’s putting a roof on the first reactor was matched with putting a roof on nuclear nonsenses.

The arguments against Hinkley C, from all sides of the media, NGOs and professional experts, definitely have been loud and sustained enough to label it a ‘dead donkey’ which should have ‘died’ at reviews in 2012 and 2015. The enormous cost overrun, going from an original £16bn in 2012  to double that figure announced recently, and an enormous completion time delay, going from first forecast 2017 to now only a single reactor operating by 2027 – both reactors a year later – should have killed off the whole project long time ago.

However, as we all know, big billions of investment have colossal lobbying power  – especially with this millionaire-led Tory government regarding its daft nuclear mania around proven existential linkage between nuclear bombs and nuclear power.  With our essential public services collapsing around hardworking families now driven to food banks, Tory spending hundreds of billions on maintaining our so-called  submarine-based nuclear deterrent and planning to build eight new nuclear power stations – with Labour not far behind –  it’s as obscene and broken as parliamentary democracy gets.

Sadly, if ever Hinkley C satisfactorily operates – unlike EDF’s other wonky EPR reactors – it’s likely to be both a miracle and another very big increase in electricity prices for us consumers because of 2013 Coalition’s agreeing far too high an index-linked “strike price” ( £92.50 Mw/hr, uplifted 2022 to £128 ) likely to be 50% above the then ‘global market’ price, unless reduced by some big hidden ‘nuclear levy’ put on all bills.

However, it’s not too late to scrap Sizewell C etc, PLUS  join GREEN LEFT policies for: no nuclear, new wealth taxes, funded public services, democracy reform ( inc. PR voting ), de-growth for climate help etc.

December 21, 2023 - Posted by | politics, UK

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