We will then have to see if any private company wants to pay to build a new nuclear power station. I imagine they will only do so if the taxpayer guarantees a profit and fully indemnifies them against all claims.
What Blair is actually doing is making newsworthy comments to distract attention from two problems he has.
This is very interesting. What I am saying is that earlier the UK have had no energy policy. Policy making was outsourced to market players, letting them decide what plants to build.
Stating that a nuclear power program is needed is the same as saying the market does not work.
Might have something to do with the fact that a power plant is active for many decades while it seems corporations don't plan for anything beyond the next six months. Peak oil is not an energy crisis. It is a liquid fuel crisis.
Also, policy is not incompatible with the market: it's called regulation. It's just that the neoliberal orthodoxy for the past couple of decades has been that the only way to have a market is to have no policy. guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper
With the exception of nuclear energy, where the policy was to keep it alive regardless, remember the British Nuclear Fuels (BNFL) and British Energy (BE). *Lunatic*, n. One whose delusions are out of fashion.
And well, since BE was bailed out they have turned a profit, and as gas prices climb upwards...
I wonder if there is any plan to repay the taxpayers fot the bail-out with the new profits of BE? There should be. Peak oil is not an energy crisis. It is a liquid fuel crisis.
