Debate Magazine

Reader's Letter Of The Day

Posted on the 23 September 2015 by Markwadsworth @Mark_Wadsworth

From City AM (can't find it online):
At a time when the newly elected Labour leader Jeremy Corbyn is advancing the idea of renationalising the British power sector, the chancellor's response of selling key future energy infrastructure to foreign state-owned enterprises, while denouncing Labour's plan seems inconsistent.
The latest deal with the Chinese also appears to fly in the face of economic logic, when costs for many alternative generation assets have been falling and the recent track record for nuclear plants seems to be going the other way.
Fred Dahlmann, Warwick Business School.

I'd be interested to know what he means by "alternative generation assets", but hey, his first point stands.
See also George Monbiot, who appears to have somehow come to the right conclusion on the topic.

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