Nuclear deal a costly mistake
Commenting on the agreement today of a ‘strike price’ for the electricity generated by nuclear power, Friends of the Earth’s Policy and Campaigns Director Craig Bennett said:
“With rocketing gas prices sending fuel bills soaring and fresh warnings over climate change, investment in low-carbon power is crucial - but nuclear power isn’t the answer.
“The quickest way to end our costly fossil fuel dependency is though energy efficiency and renewable power, not new reactors that will suck up precious investment and take years to complete.
“Investment in German renewables has led to a massive fall in the wholesale cost of electricity. The Government should be following this example, instead of locking the UK into costly nuclear power for decades.
“Investors are crying out to develop Britain’s vast renewable energy potential, but they need the confidence to do so. That’s why they want a clean power target in the Energy Bill.”
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