UK Ministers “forced” to throw taxpayers cash at nuclear plants – Step 1 bail out – To get “skin in the game”!

nuclear-news

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February 12 2017, 12:01am,

Ministers are poised to admit that taxpayer cash will be used to fund a new fleet of nuclear power stations — reversing years of government opposition to direct public subsidy.

With Britain’s ageing coal plants due to shut by 2025, the government is banking on new nuclear reactors going up at sites including Wylfa in Anglesey, north Wales, and Moorside in Cumbria.

Successive energy ministers have insisted that no public cash will be used to fund this new generation. Yet industry sources say that energy secretary, Greg Clarke, that this hands-off approach an not persist if the plants are to be built. They say that Whitehall is preparing to launch a consultation….. [PAYWALL]

http://www.thetimes.co.uk/edition/business/ministers-forced-to-throw-taxpayers-cash-at-nuclear-plants-ptqs9w5jn

FOLLOW UP NOTES FOR THOSE WITHOUT A SUBSCRIPTION from Shaun McGee aka arclight2011

Posted to nuclear-news.net

12 Feb 2017

There are quiet a few issues that have brought about the UK need…

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