Sunday, 1 July 2012

Sunday Telegraph: "Government must share financial risk of nuclear plants"

Link to web site

"Britain needs to be rebuilt as a 'nuclear nation', rather than relying too heavily upon renewable energy sources such as wind power, according to a report by the Birmingham Policy Commission to be released on Monday.

"The Commission, a group of leading energy experts chaired by former Labour secretary of state for energy and climate change Lord Hunt of Kings Heath, will warn that industry is unlikely to invest the billions of pounds needed to build new nuclear power stations by itself.

"Instead it will say that the Government must be prepared to share some of the financial risk with taxpayers’ money."

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