
Commons votes for Trident renewal by majority of 355 Over half Labour MPs but not Jeremy Corbyn back motion after Theresa May says she would order nuclear strike, Guardian, Rowena Mason, Anushka Asthana,
UK’s House of Lords’ members, UK banks – financial interests in Trident nuclear programme
According to the House of Lords register of interests, around 15% of sitting members are directors of, or shareholders in, companies that are either directly contracted to the Trident programme or invest in it.
Specifically Barclays and HSBC. A report by Don’t Bank on the Bomb details the involvement of major financial institutions in the western nuclear weapons industry.
The truth about Trident: the shocking fact that would turn us all against paying for nukes, The Canary, JULY 18TH, 2016 STEVE TOPPLE As parliament debates the renewal of Trident, the UK’s “nuclear deterrent” – the arguments surrounding the controversial weapons system rage as fiercely as ever. But there’s one aspect which has been repeatedly overlooked. UK banks not only finance our nuclear deterrent, but also our supposed “enemy” Russia’s as well, and senior politicians enjoy a direct financial profit through keeping Trident.
The name Trident refers to the nuclear missiles that are carried on four Vanguard-Class submarines. Based out of Faslane, on the Clyde in Scotland, at any one time, there is one submarine on active patrol, another in service, another preparing to patrol and a final one on exercise.
Each submarine can carry 16 Trident missiles (but since 2010 this has been reduced to eight), and each missile can hold 40 warheads.
The cost of replacing the Trident system with “Successor” (which is what the parliamentary debate on Monday is about) is disputed. The official Ministry of Defence (MoD) line is £41 bn per submarine. The Campaign for Nuclear Disarmament (CND) says the true cost is around £205 bn for all four, when you included the cost of their upkeep.
The mainstream arguments for and against Trident are fairly clear cut………
However, there are two arguments that both sides fail to acknowledge – maybe because if they did, it would bring the whole military industry into question. The role of multinational banks and senior UK politicians.
All aboard the Westminster gravy train
The main companies involved in Trident are US multinational Lockheed Martin (who produce the missiles), BAE Systems, Babcock & Wilcox and Rolls-Royce – who are involved in the Successor programme – and also names like Bechtel, Honeywell, Raytheon and Serco who are contracted or subcontracted in relation to the current Trident system.
According to the House of Lords register of interests, around 15% of sitting members are directors of, or shareholders in, companies that are either directly contracted to the Trident programme or invest in it.
Prominent names include Lord Hollick, a Labour Peer who is a director of Honeywell. Lord (William) Hague, chair of the Royal United Services Institute (RUSI). RUSI, who are supposedly impartial US and UK government defence advisors, are sponsored by Babcock, Lockheed Martin, Raytheon and Rolls-Royce.
But one of the most telling individuals is Labour’s Lord Hutton, defence secretary under Gordon Brown. He is an adviser to Bechtel, consultant for Lockheed Martin and chair of the Nuclear Industries Association (NIA). The revolving door (the phrase used to describe MP’s who, once finished in parliament, go into jobs related to their previous role) has never spun so quickly.
It may be no wonder then, that the majority of parliament (excluding the SNP and the Green party) are supportive of renewing Trident.
With reference to the role of multinational financial institutions, all the companies listed above, aside from being involved in Trident, share one other common denominator. They are all financed, or owned, by UK banks. Specifically Barclays and HSBC. A report by Don’t Bank on the Bomb details the involvement of major financial institutions in the western nuclear weapons industry. http://www.thecanary.co/2016/07/18/truth-trident-shocking-fact-turn-us-paying-nukes/
Aging Pickering Nuclear Station that is well past its prime: time to shut it
Leader of the Green Party of Ontario 07/18/2016 Ontario could save money, increase public safety and create jobs if it closes the Pickering Nuclear Station when its operating licence expires on Aug. 31, 2018. Yet, the Liberal government has approved plans to extend Pickering’s operating life to 2024.
Pickering is already 15 years past its best before date. It’s the fourth oldest nuclear station in North America and the seventh oldest nuclear station in the world. Given its age, it is not surprising that Pickering is one of the most unreliable and poorestperforming nuclear plants in North America. Or that is has the highest operating costs of any nuclear station in North America.
Best before dates are important — not only for the milk you drink but also for the nuclear plant you live by. Pickering is surrounded by over 2.2 million people who live within the 30-kilometre high-risk zone. The Liberals are rolling the dice on a nuclear station that is surrounded by more people than any nuclear plant in North America………
Ontario is currently selling excess electricity at a loss. Ontario’s total electricity exports (22.6 billion kWh) exceeded the total output of the Pickering Nuclear Station (22.6 billion kWh) in 2015. Ontario’s peak hour demand for electricity has declined by 17 per cent in the past decade.
Even if electricity demand goes up because of the Ontario’s efforts to electrify the transportation system, Ontario can purchase electricity from other sources at a lower cost.
We live next door to the world’s fourth largest producer of water power — Quebec. Quebec has a large and growing supply of water power available for export. On average, Quebec water power sells at one third the price of power from Pickering. Why not use this low cost source of clean power to meet possible increases in demand and to cover gaps from the anticipated temporary shut down of the Darlington Nuclear Station?
Ontario can also do more to stretch our energy dollars by investing in energy efficiency measures. The cheapest source of energy is the energy we save. According to the Independent Electricity System Operator (IESO), large industrial energy efficiency programs save electricity at an average cost of 1.5 cents per kWh. Residential, commercial and small industrial energy efficiency programs save electricity at an average cost of 3.5 cents per kWh — far below OPG’s estimate cost of power from Pickering of around nine cents per kWh.
The Liberals seem more interested in making the nuclear lobby happy than in making smart energy choices for the people of Ontario.
And while I understand why the nuclear lobby would fight to protect jobs at Pickering, I believe the Liberal government has a responsibility to make energy decisions that benefit all the people of Ontario even if it means cancelling their $100,000 dinners with the premier.
Moreover, what if we could convert operating jobs at Pickering into jobs decommissioning Pickering–making the area safer for residents while establishing Ontario’s expertise in the decommissioning of nuclear plants. Doing this would create 16,000 person years of employment according to a study by Torrie Smith Associates. This could establish Ontario’s global expertise in decommissioning nuclear plants. With a number of nuclear plants around the world reaching their best before dates, Ontario nuclear workers could benefit from becoming the global experts in shutting down nuclear plants.
The Liberals have a choice to make — give the nuclear lobby what it wants or provide the people of Ontario with an affordable, clean electricity supply; a supply that doesn’t include an old and aging Pickering Nuclear Station that is well past its best before date. http://www.huffingtonpost.ca/mike-schreiner/pickering-nuclear-plant_b_11051446.html
Britain’s Parliament votes to renew Trident nuclear missile system
Theresa May has said she would be willing to authorise a nuclear strike that could kill 100,000 people, as the House of Commons voted overwhelming to replaceBritain’s Trident programme.
The prime minister confirmed she would be prepared to press the nuclear button if necessary as she opened a debate about whether the UK should spend up to £40bn replacing four submarines that carry nuclear warheads.
After more than five hours of discussion, parliament voted in favour of Tridentrenewal by a majority of 355 in a motion backed by almost the entire Conservative party and more than half of Labour MPs.
It was opposed by all Scottish National party (SNP) MPs, the Lib Dems and Labour leader, Jeremy Corbyn, a lifelong unilateralist who spoke out strongly against the plans during the debate.
Other members of Corbyn’s frontbench team, including the shadow defence secretary, Clive Lewis, and the shadow foreign affairs secretary, Emily Thornberry, abstained after claiming in a Guardian article that the government was turning an issue of “national security into a political game”.
However, around 140 of his MPs – including leadership challengers Angela Eagle and Owen Smith – voted in favour of renewing Trident, with many highlighting Labour’s historic position in support of a continuous at-sea nuclear deterrent. Forty-seven Labour MPs joined Corbyn in voting against Trident, while another 41 were absent or abstained.
While Labour were split on the issue, the Conservatives have been hoping the Trident issue could help unify their party after a fractious EU referendum campaign.
However, May attracted gasps during the debate when she made clear she would be willing to authorise a nuclear strike killing 100,000 people, when challenged by the SNP about whether she would ever approve a nuclear hit causing mass loss of life……. https://www.theguardian.com/uk-news/2016/jul/18/mps-vote-in-favour-of-trident-renewal-nuclear-deterrent
Teresa May would approve a nuclear weapon strike on a population
Theresa May would authorise nuclear strike causing mass loss of life Asked in Trident debate if she would approve attack that could kill 100,000 people, PM answers with a decisive ‘yes’,Guardian, Rowena Mason, Anushka Asthana, and Rajeev Syal, 19 July 16. Theresa May has said she would be willing to authorise a nuclear strike killing 100,000 people as she made the case for replacing Britain’s Trident submarines ahead of a House of Commons vote on the matter.
The prime minister answered decisively when challenged by the Scottish National party about whether she would ever approve a nuclear hit causing mass loss of life.
Intervening in her opening speech, the SNP MP George Kerevan asked: “Is she personally prepared to authorise a nuclear strike that can kill a hundred thousand innocent men, women and children?”
May responded: “Yes. And I have to say to the honourable gentleman the whole point of a deterrent is that our enemies need to know that we would be prepared to use it, unlike some suggestions that we could have a deterrent but not actually be willing to use it, which seem to come from the Labour party frontbench.”
Her statement was met by gasps from some MPs on the opposition benches, as the chamber debated whether or not to renew Trident.
Jeremy Corbyn, the Labour leader, responded to May by making the case for nuclear disarmament, pointing out that the party’s pro-Trident position was under review.
He has given his MPs a free vote during Labour’s ongoing defence review, which the Guardian understands involves at least five options ranging from complete replacement to disarmament by the 2030s. The three other options are reduced patrols and fewer submarines, missiles carried by aircraft, and adapted submarines to carry both conventional and nuclear warheads.
Speaking in the Commons, Corbyn said there were currently 40 warheads, which are each eight times as powerful at the atomic bomb that killed 140,000 people at Hiroshima in Japan in 1945.
“What is the threat we are facing that one million people’s deaths would actually deter?” he said, adding it did not stop Islamic State, Saddam Hussein’s atrocities, war crimes in the Balkans or genocide in Rwanda.
“I make it clear today I would not take a decision that kills millions of innocent people,” Corbyn told MPs. “I do not believe the threat of mass murder is a legitimate way to deal with international relations.”
May said it would be a “dereliction of duty” to give up Britain’s nuclear deterrent and pledged to keep to the Nato target of spending 2% of national income on defence while she is prime minister.
Addressing the idea of downgrading the deterrent to a cheaper option, she said: “I am not prepared to settle for something that does not do the job.”……https://www.theguardian.com/uk-news/2016/jul/18/theresa-may-takes-aim-at-jeremy-corbyn-over-trident-renewal
18 July British Parliament to vote on renewal of Trident nuclear missile system

British MPs to vote on renewing nuclear deterrent on July 18 MENAFN – Muscat Daily – 13/07/2016 Warsaw– Britain’s parliament will vote this month on renewing the Trident nuclear weapons programme, Prime Minister David Cameron said Saturday as he sought to reassure NATO allies alarmed by Brexit.Cameron’s announcement at a NATO summit in Warsaw comes as the alliance grapples with the implications for its unity after key member Britain shocked the world by voting to leave the European Union.Conservative leader Cameron is pushing through the vote on the A20 billion (23 billion euro, 25 billion) plan to maintain the submarine-based system before he steps down in September in the wake of the EU result.”Today I can announce that we will hold a parliamentary vote on the 18th of July to confirm (lawmakers’) support for the renewal of a full fleet of four nuclear submarines capable of providing around-the-clock cover,” Cameron told a press conference at what will be his final NATO summit after six years in power……
UK does not want to move nuclear weapons from Scotland
‘No plans’ to move nuclear weapons from Scotland, BBC News, 15 July 2016
The UK government does not intend to make alternative plans for the storage of the UK’s nuclear weapons outside of Scotland, it has emerged.
The Scottish government opposes the Trident missile system and the storing of nuclear weapons in the country.
On Monday, MPs will vote on whether or not to renew Trident, which is based at Faslane on the Clyde.
No contingency plans for moving Trident were put in place in the run up to the 2014 Scottish independence vote. The Scottish government had pledged it would get rid of nuclear weapons if Scotland voted to leave the UK.
The MoD has said it was not anticipating another referendum and Faslane is the best place for the weapons to be based.
After the UK referendum vote to leave the EU, Scotland’s First Minister Nicola Sturgeon said a second independence referendum was now “highly likely”…….http://www.bbc.com/news/uk-scotland-scotland-politics-36800543
UK Conservatives could, and should, shut down useless Trident nuclear deterrent

The Tories know Trident is a waste of money and only they can kill it off, Guardian Chris Mullin, 15 July 16 Our nuclear deterrent is purely symbolic but Labour would never be forgiven for letting it go A
few days from now parliament will be asked to make a final decision on whether or not to spend around £40bn renewing Trident. Many of the Labour MPs arguing in favour do so not because they regard nuclear weapons as an essential tool in our armoury, but because they are terrified of being thought “soft” on defence. And they are right to be worried. For years the British addiction to nuclear armaments has proved a devastating weapon in the hands of the Conservatives and their friends in the tabloid media, even if they are not much use against our enemies.
And yet just about anyone who has ever given the matter any thought knows it’s bonkers. Most Tories know in their heart of hearts that Trident is of little or no relevance to national defence in the 21st century. So, too, do a fair swath of the military. Indeed, our possession of nuclear weapons was never primarily about defending us from the Russians. On the contrary, it made us a target.
One has only to read the minutes of a top-secret cabinet subcommittee on 26 October 1946, at which the fateful decision to develop a nuclear arsenal was taken. Opinions were divided. The chancellor, Stafford Cripps, was against on the grounds that they were a luxury we couldn’t afford. Ernie Bevin, the foreign secretary, arrived late having nodded off after a good lunch. “What’s your opinion, Ernie?” he was asked. To which Bevin replied: “We’ve got to have that thing over here, whatever it costs … we’ve got to have the bloody union jack flying on top of it.” Why? Because, said Bevin, the Americans will never take us seriously, if we don’t.
And that in a nutshell is why British taxpayers have been saddled for 65 years with an expensive, but fundamentally useless weapons system. It is about keeping up appearances. Maintaining the pretence that we are a superpower, capable (to use a phrase much beloved by successive British prime ministers) “of punching above our weight”. …….https://www.theguardian.com/commentisfree/2016/jul/14/tories-trident-waste-money-nuclear-deterrent-symbolic-labour
South Africa’s nuclear energy plans stalled: too expensive

Energy plan stalls on cost of nuclear, Business Day Live, BY CAROL PATON, 15 JULY 2016 THE Integrated Resource Plan (IRP), the government’s long-term plan for electricity generation, is again stuck in the works, despite being six years out of date, with modellers and government officials wrestling over an appropriate price estimate for nuclear energy.
Should the cost of nuclear energy come in too high compared to other technologies, then the nuclear build programme, which is championed by President Jacob Zuma, could be blown out of the water.
The IRP is a 20-year plan that estimates demand, plans for supply, and makes policy decisions on the energy mix based on a range of factors, including energy security and affordability. Regular updates to the IRP — every two years — are crucial to ensure energy security and prevent overbuilding capacity.
In the latest draft, being drawn up by technical experts based at Eskom on behalf of the Department of Energy, the overnight cost for nuclear energy is said to have been estimated at $6,000/kW.
The number comes from several industry sources, who are privy to the information, but was not confirmed by the government. Overnight costs include construction costs, but exclude interest…..
In previous drafts of the IRP, overnight costs for nuclear were estimated at $5028/kW in 2010, and $5800/kW in 2013. The 2013 IRP, which cautioned against nuclear energy due to lower than expected demand and the high risk involved, has never been adopted by the Cabinet.
At the time, it was speculated that the Department of Energy held it back, as it was not nuclear-friendly enough. Instead, the government has continued to use the 2010 IRP, despite its outdated assumptions and modelling, and a wide acknowledgement in the energy industry that its credibility is shot.
The IRP process under way right now is a new attempt to update the plan, which is six years out of date.
But since the modelling team submitted its draft to the department earlier in 2016, the process appears to have stalled. Energy Minister Tina Joemat-Pettersson said in September that the new IRP would be completed by March. But the draft is far from finished, and public consultations — which should take place under the policy framework — are still far from a reality……
Teresa May’s backward step in abolishing Climate Change Department
Climate change department closed by Theresa May in ‘plain stupid’ and ‘deeply worrying’
move Campaigners called for ‘urgent reassurance from the new government’ that the fight against climate change and pollution will not be ‘abandoned’ Independent Ian Johnston Environment Correspondent , 15 July 16 The decision to abolish the Department for Energy and Climate Change has been variously condemned as “plain stupid”, “deeply worrying” and “terrible” by politicians, campaigners and experts.
One of Theresa May’s first acts as Prime Minister was to move responsibility for climate change to a new Department for Business, Energy & Industrial Strategy.
Only on Monday, Government advisers had warned of the need to take urgent action to prepare the UK for floods, droughts, heatwaves and food shortages caused by climate change.
The news came after the appointment of Andrea Leadsom – who revealed her first question to officials when she became Energy Minister last year was “Is climate change real? – was appointed as the new Environment Secretary……..
Green Party MP Caroline Lucas described the decision as “deeply worrying”.
“Climate change is the biggest challenge we face, and it must not be an afterthought for the Government,” she said.
“Dealing with climate change requires a dedicated Minister at the Cabinet table. To throw it into the basement of another Whitehall department, looks like a serious backwards step.”
She said she would work with any Minister “willing to take climate change seriously”, but added she would seek to hold Government to account for “any backpeddling on our climate change commitments”.
Craig Bennett, chief executive of Friends of the Earth, pointed out that a major report into the effects of climate change on Britain had made clear that it was already happening.
“This is shocking news. Less than a day into the job and it appears that the new Prime Minister has already downgraded action to tackle climate change, one of the biggest threats we face,” he said…….
A letter by DECC’s permanent secretary, Alex Chisholm, to staff in his department, which was leaked to Civil Service World, confirmed that its responsibilities were being transferred to the new Department for Business, Energy and Industrial Strategy, under its new Secretary, Greg Clark…….http://www.independent.co.uk/environment/climate-change-department-killed-off-by-theresa-may-in-plain-stupid-and-deeply-worrying-move-a7137166.html
Teresa May and the nuclear “Letter of Last Resort.”

The Grim Task Awaiting Theresa May: Preparing for Nuclear Armageddon In her first hours as Britain’s new prime minister, May will take part in a time-honored tradition: Handwriting what’s known as a “Letter of Last Resort.”Politico Magazine By Garrett M. Graff July 14, 2016 If tradition holds, in her first hours as the United Kingdom’s new prime minister, Theresa May will meet with the British defense leadership and receive an eye-opening briefing about the nation’s nuclear plans.
Sir Nicholas Houghton, the 61-year-old chief of the Defence Staff who is due to retire this month to become the constable of the Tower of London, will, as one of his final acts, walk Prime Minister May through the country’s nuclear plans and the damage that could result in the event of nuclear attack on her country.
Then, amidst the all the public pomp and circumstance of assuming her office and determining a course of action for the country following the world-changing “Brexit” vote, one of the first things May will be tasked with doing in her new office is perhaps the most grim duty of any head government official in the world: Handwriting what’s known as a “Letter of Last Resort”—the secret instructions, to be remain sealed until after Armageddon, about what the nation’s submarine commanders should do with the UK’s nuclear weapons, housed on their subs, if the country has been destroyed. Actually, she’ll write four of them—all identical—one to each sub commander in the U.K. fleet.
Throughout the Cold War, each nuclear power struggled to figure out how it would approach Armageddon. The Soviet Union ultimately built a rocket that could beam launch orders to Soviet silos even after the human chain of command had been destroyed, a “Dead Hand” machine ultimately uncovered by nuclear historian Bruce Blair in 1993 and made famous by journalist David Hoffman’s eponymous 2009 book. The United States, meanwhile, built a complex network of planes, trains, ships, communication networks and bunkers that could ensure control over the nation’s nuclear systems even amidst a devastating attack.
The British approached a nuclear holocaust differently, and in an appropriately British fashion. Rather than rely on high-tech gadgetry, their prime ministers handwrote “Letters of Last Resort,” and then locked those letters inside of a safe inside of another safe, and placed them in the control rooms of the nation’s nuclear submarines. The safes will only be accessible to the sub’s commander and deputy, who must decide together when Britain has been entirely destroyed.
Britain has long charted its own course when it comes to nuclear weapons, so much so that the secrets of one prime minister often surprise the next………
as the scale of nuclear devastation began to boggle the imagination, Britain faced a unique threat among the nuclear superpowers: Its comparatively tiny island—and its heavily concentrated population and government centers—could be easily obliterated by the power of later generations of atomic and hydrogen bombs. Whereas even a relatively large attack might have left much of the United States or the Soviet Union untouched and allow enough survivors to reconstitute the so-called “National Command Authority,” the military and civilian leaders who can order a nuclear launch, and plan a retaliatory strike, even a small-scale surprise attack from the Soviet Union would have likely destroyed all remnants of Whitehall and the British command chain. Plus, given its geographic proximity to the Soviet Union, Soviet subs, bombers and ICBMs could strike quickly, with little warning and little time to evacuate the nation’s leadership to protective bunkers readied in the English countryside.
And thus was born the tradition of the “Letter of Last Resort.”
It has become a moment when British leaders must wrestle personally with the awesome new responsibilities embodied in their nuclear control………
one might draw some clues from her legislative agenda in the weeks ahead: She’s said she’s eager to push ahead with replacing the aging Vanguard submarines, which will be obsolete in the middle of the next decade. Maintaining the nation’s nuclear deterrence will likely to cost north of $250 billion, but she’s said it’s critical to Britain’s international role post-Brexit. http://www.politico.com/magazine/story/2016/07/the-grim-task-awaiting-teresa-may-preparing-for-nuclear-armageddon-214049#ixzz4EQ4PMC9e
UK Parliament prepares to deliberate on whether to ban the bomb

The nuclear option. Parliament prepares to deliberate on whether to ban the bomb , The Economist 16 July 16 NINE countries are believed to have nuclear weapons. On July 18th Britain will decide whether it wants to remain in that club, when its MPs debate whether to renew the country’s Trident nuclear deterrent. Theresa May, the new prime minister, has said it would be “sheer madness” to give it up, and the vote is expected to pass easily. Perhaps 150 of Labour’s 230 MPs will vote in favour of the plan, rebelling against their leader, Jeremy Corbyn.
Trident’s detractors argue that a lot has changed since the programme was approved in 2007. For one thing money is tighter. Around one-quarter of defence spending on new equipment procurement will be on submarine and deterrent systems by 2021-22. There has also been a surge in support for independence in Scotland, where the submarines are based. It is unlikely that the government would choose to site the capability north of the border if the renewal process began again now, says William Walker of St Andrew’s University. The Scottish government opposes the plan; almost all of the 59 Scottish MPs at Westminster are expected to vote against it (though polls suggest that public opinion in Scotland is more mixed). If Scotland were to become independent—now more likely because of Brexit—Britain could well have to relocate its subs, at further expense.UK’s Department of Energy and Climate Change (DECC) compares falling costs of renewables with rising costs of nuclear power

Nuclear competitiveness falling with rise of renewables, says government watchdog, businessGreen, Jocelyn Timperley, 14 July 16, A new report on the future of Britain’s electricity supply from the government spending watchdog has highlighted the falling costs of renewables compared with nuclear, with figures projecting onshore wind and solar will be the cheapest ways of generating electricity by 2025.
The report examines how new sources of electricity can be used to meet the looming capacity gap the UK faces over the coming decade while supporting emissions targets and keeping energy bills affordable.
Its findings show that renewables may be a cheaper option than conventional energy sources, with Department of Energy and Climate Change (DECC) forecasts for the levelised cost of energy of wind and solar in 2025 having decreased since 2010. The cost forecast for nuclear during the same time period has increased while it has remained constant for gas.
“Supporting early new nuclear projects could lead to higher costs in the short term than continuing to support wind and solar,” the report concludes. “The cost competitiveness of nuclear power is weakening as wind and solar become more established.”………
The NAO also lays out how the projected costs of Hinkley Point C have skyrocketed since the strike price was initially agreed based on an estimated cost of £6.1bn in October 2013. Projections laid out in the report show the top-up subsidy payments for the nuclear plant have changed along with forecasts of the wholesale price of power, with the most recent estimate in March 2016 valuing the payments at £29.7bn.
In addition, the NAO warned of the risks for consumers of signing up to the 35-year Hinkley Point C contract, expected to begin in 2025, due to the difficulty in predicting how wholesale electricity prices will fluctuate, as well as how other energy technologies will develop. “Over a longer time frame there is greater potential for technological changes that reduce the competitiveness of nuclear compared with other power sources,” the report says.
The new report comes just days after DECC vastly raised its estimate of how much the Hinkley project would cost in subsidies over its lifetime, suggesting it will cost £37bn in total subsidies, more than double its £14.4bn estimate a year ago……..
Among a host of other environment and energy decisions, Theresa May will soon have to make the long-awaited decision on whether to go ahead with Hinkley Point. And the NAO report makes clear it will be as much a strategic and political decision as an economic one. http://www.businessgreen.com/bg/analysis/2464823/nuclear-competitiveness-falling-with-rise-of-renewables-says-government-watchdog
UK taxpayers up for an extra £30bn for Hinkley Point C nuclear project?
Report reveals top-up fees for Hinkley Point C could cost us an extra £30bn http://www.bristolpost.co.uk/report-reveals-top-up-fees-for-hinkley-point-c-could-cost-us-an-extra-30bn/story-29511798-detail/story.html A government spending watchdog has warned tax payers could cost energy consumers £30 billion in “top-up payments” for Hinkley Point C. By David_Clensy July 14, 2016The deal for the Somerset nuclear power station sees the government paying EDF a fixed price for electricity generation over 35 years from 2025. But if the wholesale price falls, the government pays EDF a top-up fee.
The National Audit Office had previously estimated that this top-up fee would amount to £6.1 billion during the 35 year period, but in its latest report the watchdog has scaled up the estimate to £29.7 billion – nearly doubling the cost of the £37 billion construction project.
The report also expressed fears that taxpayers could end up with a range of other payments under debt guarantees agreed by the government with EDF. “Supporting early new nuclear projects could lead to higher costs in the short term than continuing to support wind and solar. The cost competitiveness of nuclear power is weakening as wind and solar become more established,” the report, Nuclear Power in the UK, states.
Environmental lobbying group Greenpeace has jumped upon the opportunity to call upon the new Prime Minister to scrap the entire project.
John Sauven, director of Greenpeace UK, said: “The government’s line that Hinkley is a good deal for billpayers is falling apart. Today’s damaging report from the NAO should kill this myth once and for all. It makes the government’s slash and burn approach towards help for homegrown renewable energy companies look completely out of step with reality. Unlike nuclear the cost of renewables is falling every year.”
Britain’s new Government axes climate department
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Government axes climate department By Paul RinconScience editor, BBC News website, 14 July 16, The government has axed the Department of Energy and Climate Change (Decc) in a major departmental shake-up.
The brief will be folded into an expanded Department of Business, Energy and Industrial Strategy under Greg Clark.
Ed Miliband, the former energy and climate secretary under Labour, called the move “plain stupid”.
It comes at a time when campaigners are urging the government to ratify the Paris climate change deal…….One of the most pressing items on the environment agenda is the ratification of the Paris climate deal, which was inked last year.
The climate “sceptic” group Global Warming Policy Forum has long demanded the demise of Decc, so alarm bells are ringing loudly for some green groups……
The Green Party and Friends of the Earth, for instance, see the move as potentially a major downgrade for climate as a government priority.
Decc has made the UK a world leader in climate policy, and scrapping the department removes the words “climate change” from the title of any department. Out of sight, out of mind, in the basement, perhaps…….http://www.bbc.com/news/science-environment-36788162
New York’s Governor Cuomo should invest clean energy funds in actual clean energy, not dirty nuclear
New York’s Governor Would Rather Prop Up the Nuclear Industry Than Invest in Renewable Energy, By Jessica Azulay / AlterNet July 13, 2016
That may be good politics—and certainly no one wants those people to lose their jobs—but there are substantial drawbacks, including putting millions of New Yorkers at risk. Why doesn’t the governor invest clean energy funds in actual clean energy, such as solar and wind?
To put the 12-year, $7.6 billion plan into perspective, consider that Cuomo’s NY-Sun program, which pays for the state’s solar incentives, is slated to invest only $1 billion into the solar industry over 10 years. That billion dollars has supported the creation of a lot of jobs. Halfway through NY-Sun’s life, New York state has benefitted from the creation of 8,000 solar jobs. Conversely, the $7.6 billion to keep nuclear plants open will save about 2,000 jobs. Based on this math, the money would be better spent invested in solar energy. If the governor wants to give existing nuclear workers a helping hand, he could also provide renewable energy companies incentives to hire them.
Left as it is, the nuclear subsidy policy would turn on its head New York’s promise to lead the nation in renewable energy and instead leave New York and Governor Cuomo leading the nation in nuclear subsidies for old and dangerous reactors. The so-called Clean Energy Standard would spend twice the amount of money on dirty energy as it would on renewables. That is preposterous.
The plants that the state wants to prop up are failures both financially and technologically………
Thousands of New Yorkers and over 100 organizations have criticized these nuclear subsidies, instead calling for the governor to let dangerous and unprofitable nuclear plants close and to invest our money in renewable energy and energy efficiency instead. But on July 8, the governor’s Public Service Commission went the opposite direction, releasing a new, expensive version of the proposed subsidies. The commission is giving the public a paltry 10 days to comment while the governor stated to the press Wednesday he is working to finalize a deal to keep FitzPatrick open to save 600 jobs and use nuclear as a so-called “clean energy bridge” at the cost of billions of dollars.
Governor Cuomo should protect the safety of millions of New Yorkers. He should say no to subsidizing the nuclear industry and yes to New York’s clean and green energy economy. Call him today at (518) 474-8390. http://www.alternet.org/environment/new-yorks-governor-andrew-cuomo-would-rather-prop-nuclear-industry-invest-renewable
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