Tag Archives: subsidy

Picking losers’ – UK must not risk taxpayers’ billions on failed nuclear dream via The Ecologist

[…] Giant portions of public spending are now at risk of pouring down a nuclear power black hole as calls for the Government to make direct investments into new nuclear power plant intensify. […] And of course these demands for … Continue reading

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The Guardian (blog) Government finally admits it is subsidising nuclear – while cutting help for renewables via The Guardian

The government confirms that it is not continuing the ‘no public subsidy policy’ [for nuclear power] of the previous administration. That little footnote, tucked away at the end of the announcement of Wednesday’s French-Chinese deal to build a new nuclear … Continue reading

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EU draws up plans to allow state aid for nuclear power via Financial Times

The EU has drawn up plans to change state aid rules to make it easier for member countries to subsidise nuclear power, in a move that looks set to trigger a political row across the continent. By exempting all nuclear … Continue reading

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Fracked off via The Economist

Thanks to cheap natural gas, America’s nuclear renaissance is on hold […] The culprit is the price of natural gas, which fell from over $13 per million British thermal units in 2008, when many of the applications to build new … Continue reading

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Auditors call for large cut in nuke subsidies funds via The Japan Times Online

About ¥65.7 billion in funds set aside to subsidize municipalities slated to host new nuclear reactors can be slashed as all such construction projects have been frozen, government auditors said Wednesday. The Board of Audit called on the industry ministry … Continue reading

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