£2 billion a year on old electricity
Chris Huhne gave a major speech on nuclear power today which contained one quite amazing line.
Britain spends £2 billion A YEAR on nuclear electricity consumed in the fifties, sixties and seventies because decomissioning estimates were dramatically wrong.
They rocketed from an estimated £2 million in 1970 to £9.5 billion in 1990 and now stand at £53.7 billion, the Energy Secretary said, attacking the UK's historical nuclear strategy as “the most expensive failure of post-war policy-making”.
Huhne was famously anti-nuclear during his time in opposition but has become a convert in Government. Today he repeated his qualified support - that it needs to be part of the energy mix but with no public subsidy - and said of the past mistakes: “This will never happen again."
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