The likelihood of achieving a vital part of the UK’s future power infrastructure appears to be waning by the weekAt Port Talbot the government appears to have assumed,even at the eleventh hour, that Tata would not dare to walk away from its UK steel business. It was a contaminated bet, and thus the undignified scramble to bag the business secretary back from Australia to interpret what government intervention in the steel industry might mean,and cost.
But let’s not ignore the other industrial drama involving huge sums, thousands of jobs and a key plank of government strategy. Yes, and it’s Hinkley Point,where the UK’s energy policy for the 2020s rests on the premise that French state-backed outfit EDF really will build a £18bn nuclear station in Somerset that will open in 2025 to supply 7% of our electricity.
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Source: theguardian.com