It’s the story that keeps on giving – the Hinkley Point C nuclear power station in Somerset. Just as you thought the train had left the station and it was too late to do anything about Britain’s positively reckless programme of nuclear renewal, along comes the House of Commons public accounts committee (PAC) to fire off another broadside against this absurdly over-priced white elephant-by-sea. It may indeed now be impossible to stop Hinkley itself, with its usurious guaranteed tariffs – the contract is signed and the diggers are already on site – but it is very much in the Government’s power to make sure that nothing quite as negligent of the consumer interest and the wider competitiveness of the UK economy is ever agreed again. Britain is one of the richest, most highly skilled and scientifically accomplished nations in the world. It defies belief that it has been prepared to rely on French and Chinese technology – and funding – to provide such a costly and potentially dangerous form of energy renewal. Time, as the PAC says, for a complete rethink.
Telegraph 25th Nov 2017 read more »