The Treasury and Nuclear Power – if they aren’t sane how can we trust them with the nation’s finances?

EDF Energy wants a subsidy of £2.8 billion a year for the next 25 years to build two new nuclear reactors at Hinkley Point C in Somerset, according to The Times. The Treasury, which seems to be contemplating hiking consumers’ energy bills to support an industry with a dreadful record of delivering on time and budget, whilst at the same time killing off one of Britain’s most successful industries – the renewable industry. Doug Parr, Chief Scientist at Greenpeace tweeted that the Treasury was “Not rational – if they aren’t sane how can we trust them with the nation’s finances?”

For a longer version of this article see Spinwatch 17^th July 2012.