Nuclear subsidies: Open letter to Commissioner Almunia http://www.theecologist.org/blogs_and_comments/commentators/2160503/nuclear_subsidies_open_letter_to_commissioner_almunia.html
Gerry Wolff 15th November 2013 Following the UK Government’s announcement of huge public subsidies for the proposed Hinkley C nuclear power station in Somerset, England, Energy Fair has called on EU Commissioner Almunia to open a formal investigation for breaches of competition law.
Dear Commissioner Almunia,
No valid justification for subsidising nuclear power
In connection with the proposed new nuclear plant at Hinkley Point in south-west England (reut.rs/1fPaYlx), I’m writing to urge you to oppose the new subsidies for the project that are proposed by the UK government and also existing subsidies for nuclear operators (details below). Please open a formal investigation into this project and associated subsidies.
There is no valid justification for nuclear power subsdidies. They divert resources from other options that are altogether better and cheaper.
For reasons given below, they are bad for energy security, bad for the fight against climate change, bad financially for consumers and taxpayers in the UK, and bad for the development, throughout Europe, of the good alternatives which are ready to go, cheaper than nuclear power, and very much quicker to build.
Here are the main reasons: Read more »