In this week’s Gossage, our columnist discusses the irony that is the UK Government’s policy towards subsidising EDF.
Under new legislation, our normally parsimonious government has just earmarked a further £1.7 billion towards meeting their (uncosted) promise to ensure that another new nuclear fission power plant may possibly begin being built before the next election.
By doing so, our beloved leaders are ensuring that Sizewell C will now have subsidised development, subsidised construction, subsidised power production and subsidised waste management, for a project still being run by Europe’s most subsidised company, Electricité de France. Free markets? Don’t you believe it.