But the government is determined to build new nuclear, whether we need it
or not. And we, the tax payers will have to foot the bill. See below:
A letter by Darren Johnson on nuclear power published today
The report
that Darren refers to can be found here -
http://www.greenparty.org.uk/assets/files/reports/Nuclear_Power_No_Point.pdfhttp://www.guardian.co.uk/environment/2010/jun/17/true-costs-nuclear-powerThe
real costs of nuclear power
The Guardian
Thursday 17 June 2010
Paul
Spence says the nuclear industry expects to pay the full cost
of
decommissioning a new generation of nuclear power stations
(Response,
15 June). But his words about "our full share of waste management
and
disposal costs" were carefully chosen. The consultation
document
reveals that EDF considers their full share of these costs to
be
around 20% of the total. As our report Nuclear Power? No
Point!
highlighted last year, nuclear is only responsible for 4% of
the
energy consumed in the UK. More energy can be saved by
energy
conservation measures in homes and businesses. Focusing on the
nuclear
industry takes resources away from building new renewable
capacity,
which, given sufficient political will, could provide more than
enough
electricity for the UK.
Darren Johnson
Green party
spokesperson on Trade and Industry
--
• EDF's claim that they
"have not asked for subsidy for new nuclear"
is not all that it seems. The
nuclear industry, owned by British
Energy (in turn owned by EDF), will be
receiving huge sums of windfall
profits under government proposals for a
floor price on carbon
emission allowances. British Energy will greatly expand
its profits
for no increase in nuclear power production, all subsidised
by
electricity consumers.
Based on Royal Academy of Engineering
analysis (a pro-nuclear source)
a carbon floor price of £30 per tonne is
likely to lead to electricity
price increases of around 2.5p/Kwh. Given that
British Energy produces
(according to their website) around 50 TWh per year,
this would give
them annual windfall profits of around £1.25bn a year. Many
argue that
the "floor price" would have to be higher than this to make
new
nuclear power stations profitable. A floor price of £50 per
tonne
would give EDF windfall profits (at 50 TWh a year) of over £2bn
a
year. Indeed British Energy and EDF are already receiving hundreds
of
millions of pounds a year of subsidy by another name through
existing
levels of carbon prices.
Dr David Toke
Senior lecturer in
energy policy, University of Birmingham
--
• Paul Spence's defence
of new nuclear power stations based on the
assertion that they won't be a
financial burden to the public ignores
the taxpayer's liability in the event
of a "new Chernobyl". No
insurance company will offer cover for such an event
or the
consequences of a terrorist attack or any other less serious but
still
unquantifiable risk. In its determination to sanction new
nuclear
power plants, the government is underwriting these risks; without
such
an undertaking no commercial company would even contemplate building
a
new nuclear power station. No hidden subsidies?
Eddie
Dougall
Bury St Edmunds, Suffolk
--
Scott Redding
Senior
Press Officer
Green Party of England and Wales
020 7561 0282
0759
004 6504
==
Published and promoted by Tracy Dighton, for the Green
Party of
England & Wales, both at 1a Waterlow Road, London N19
5NJ.
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