Mudcat Café message #3887252 The Mudcat Café TM
Thread #163084   Message #3887252
Posted By: Nigel Parsons
07-Nov-17 - 06:22 AM
Thread Name: BS: Paradise Papers: It's still us and them
Subject: RE: BS: Paradise Papers: It's still us and them
From: Stu - PM
Date: 07 Nov 17 - 05:08 AM
"The Chinese are likely to finance (partly) the next atomic power stations."
Bad news. Let a brutal authoritarian regime be responsible for part of out energy infrastructure? Madness.

Not only do I not support the idea, I have made my thoughts known, although not in a single word dismissal.

SIR, The Hinkley Point power station is planned with Chinese investment and French management. This week we have read about threats to power stations in France from its trade unions. At a cost of 18 billion pounds, the Hinkley project would be better done in-house.

With government funding and British businesses undertaking the construction, the project should (eventually) be self-funding without the need to put an additional tariff on domestic fuel bills.

More secure power is needed as soon as possible. Let's not see this continually kicked into the long grass.

Telegraph letters, May 2016