As the European Commission considers the £100 billion subsidy package the UK has offered EDF to build and operate Hinkley C nuclear power station, Paul Dorfman explains why the 'deal' is illegal, anti-renewables, and ruinous to energy users and tax payers.
… that, with purposeful demand side policies, GDP can increase with energy consumption … cost France about €120 billion, or 6% of its GDP. Meanwhile liability estimates for …
To explain their desperation to commit an estimated £76 billion of public money to the Hinkley C nuclear project, writes Paul Dorfman, the Treasury and its Chancellor, George Osborne, claim there are other benefits that justify this vast expenditure. So what exactly are they? And do the claims survive critical examination?
… by 18%? Just in the last year, even while GDP grew by 2.8%, energy sales fell by 6.6%. …