Friday, April 20, 2012

Secret Document: Subsidise Nuclear Power Through Electricity Bills

The Rumor Mill News Reading Room 

Secret Document: Subsidise Nuclear Power Through Electricity Bills
Posted By: Steve [Send E-Mail]
Date: Friday, 20-Apr-2012 12:59:06



Secret Document: Subsidise Nuclear Power Through Electricity Bills

Ministers are planning to subsidise nuclear power through electricity bills, despite their promises not to, a secret document seen by the Guardian reveals.The leaked document clearly lays out plans to use “contracts for difference” for nuclear energy, which would allow nuclear operators to reap higher prices for their energy than fossil fuel power stations.
But the plans are likely to further inflame rows over energy policy and cause a political furore for the Liberal Democrats, who fought the general election firmly opposing an expansion of nuclear power. The issue is a key one among many Lib Dem supporters, and has acquired even greater resonance since the Fukushima disaster and the withdrawal from nuclear of countries such as Germany and Italy.
Green campaigners believe the Lib Dems have been persuaded into allowing higher energy bills to flow into increased profits for nuclear companies by a sleight of hand, which allows ministers to disguise nuclear subsidies as support for “low-carbon power”.
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1 comment:

Anonymous said...

The nuclear power doesn't work. All nuke plants are dump loads for excess coal energy. Coal power is used to boil water. Any so called output is a scam and is nothing but standard grid power being fed through. This has to be true because nuclear weapons don't work. So breeder reactors aren't needed