On the 5th of November 2009, in Parliament, Colin Challen MP was kind enough to refer very positively to the Nuclear Subsidies report, with a reference to this website: An excellent document called "Nuclear subsidies", which is available on
www.nonukes.org.uk, reveals the full extent of the nuclear subsidies.
One of the biggest is the industry’s unlimited insurance, which the
taxpayer would have to pick up if something went seriously wrong.
However, if the nuclear industry had to pay for it itself, it would
force the price of electricity up far beyond the highest price we are
anticipating paying for the brand new renewable technologies. As they
are rolled out on a larger scale, the price of those technologies will
come down and down, but that is not true of the nuclear industry, whose
costs will go up and up—not just the cost of uranium, but all the other
costs, not least the insurance and the extra costs of having to deal
with proliferation. (Hansard, 2009-11-05). |