Excellent

With Hinckley Point also in doubt, the UK’s future energy policy is in tatters: the nuclear option is dead because it is technically and financially not feasible.

If ever there was a moment for us to be focussing on what is important in politics to announce a Green New Deal to solve this problem this would be it.

Now show that the Green New Deal is cheaper than nuclear.

A difficult task given that the GND will be funded by the issuance of new money – and how much would nuclear cost us if we did that?

14 comments on “Excellent

  1. The main risk with nuclear projects is regulatory risk. As such it is one of the few things where I think governments buying a standard model used elsewhere in the world (if you have built 5 elsewhere we will hire you to build one here) is better than striking a deal with a private sector company. The attempt to manage the regulatory risk makes any deal very very complex and inefficient.

  2. True, isp001. Governments can decide to cancel projects for any reason they want to, even after billions have been spent.

    Via democratic processes, even the governments change every few years. New governments may not agree to previous governments’ agreements.

    Making private investment impossible.

  3. He can’t because he’s got no idea. He’s working on the assumption that any government expediture will generate more tax than the expenditure – a ludicrous proposition seeing as by his logic the government should have no debt rather than the 1.8 trillion . The government can spend itself debt free.

  4. @ironman – the 450 nuclear plants worldwide don’t actually exist – they are cardboard cut outs disguising 450 billion solar panels. I’ve visited sizewell nuclear power station – they obviously hypnotised me on the way in so that i saw a working nuclear plant rather than the solar panels – also works on google earth – from the satellite pictures you can’t see the solar panels. Next you’ll be telling me that someone pays Murphy for this rubbish – now that would be preposterous.

  5. Moqifen;

    ‘He can’t because he’s got no idea.’

    I always enjoy his contention that there is a multiplier on the back of expenditure on the NHS per se – what the flying f^&k does that mean? I mean to call him mentally unhinged is being generous!

  6. Elsewhere, slow motion stupidity personified Diane Abbot complains that the BBC QT show is biased against her because something or other.

  7. I don’t think the reactor design is really the issue. It’s that these commercial companies have no way of knowing whether the government will change its mind about nuclear a few years down the road and ruin their massive investment.

  8. Now show that the Green New Deal is cheaper than nuclear.

    Now show honestly, clearly and competently that the Green New Deal is cheaper than nuclear.

  9. Elsewhere, slow motion stupidity personified Diane Abbot complains that the BBC QT show is biased against her because something or other.

    Is it ‘cos I is black?

  10. Abbot playing the race card is contemptible.

    Anand Menon (black) was on QT panel too and not laughed at by audience.

    Some interesting posts in the Guido Question Time thread

    “In a statement to the broadcast complaints commission Ms Abbott stated that there were at least “elevnty seven people deliberately planted” in the audience, “and with an audience of 3 billion that makes 147% of them anti Abbott”

    She went on to say that she would welcome the opportunity to appear on Question Time again, “as long as I don’t have to answer any questions”.”

    Not sexist either a href=”http://www.youtube.com/watch?v=Iwk3YMSoMI8″>Massive Cheer For No Deal From Question Time Audience

    Oh, and
    Kirsty Blackman also wasn’t laughed at by audience :snigger

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