Thursday, 24 June 2010

DEARER ENERGY WILL MAKE NUCLEAR COMPETITIVE IN UK

This article gives the thinking of the new coalition government in the UK on how to encourage new nuclear power plants. Instead of offering them a subsidy they will guarantee a dearer price for electricity by putting a lower limit on the price of carbon. This is not great news for consumers or industry, as we can look forward to an exodus of industry and more expensive electricity. I think the public should be told.

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