nuclear-news

  CND Cymru has highlighted the continued lack of investment in communities and people, while billions is to be spent subsidising the nuclear industry. 

 Following reports that the Westminster government is doubling down on
Nuclear Power, including a potential further investment in Sizewell C and a
raft of new Small Modular Reactors (SMRs), CND Cymru has highlighted the
continued lack of investment in communities and people, while billions is
to be spent subsidising the nuclear industry.

Keir Starmer seems poised to announce renewed public subsidy in Hinkley Point C, not set to open till 2031, and support for a further reactor at Sizewell C, costing billions in
taxpayer money. Coupled with a renewed focus on pushing through SMR
proposals, also likely subsidised by the taxpayer, Starmer may be set to
hand over £10 billion to the nuclear industry at a time when austerity is
looming over everyone.

Citing the potential for growth, Starmer is banking
on moderate gains by corporations in order to save a stagnating economy
that would benefit more from investment in community and green projects.

A CND Cymru spokesperson said “The willingness of the government to fund
the nuclear industry to the tune of billions while preaching austerity to
everyone else is absolutely farcical. We have seen the winter fuel payment
means tested, an attack on disability and other welfare systems, and a
refocus away from people towards profit. This government is functionally
taking money from the pockets of working class people and handing it to
corporations in the nuclear and warfare industry in order to chase a
mythical idea of growth – all while suppressing the true wealth creators in
this country.

A different, greener, fairer, future is possible which
doesn’t leave future generations with nuclear waste – and the government
has time to refocus and adjust their plans in order to build that future.
We must not accept the subsidy of the nuclear industry – all meant to prop
up a failing industry in order to preserve our nuclear attack capabilities
– while working people are facing impossible choices or sometimes not even
having the luxury of choice – starving and freezing – while the CEOs and
shareholders rake in the cash. Something has to change – and it is in the
government’s power to change it if they wish; because austerity, the death
of thousands, and the attack on millions, is a political choice, not
economic necessity.”

 CND Cymru 14th April 2025

April 18, 2025 - Posted by Christina Macpherson | business and costs, UK