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by ThatBritGuy
According to the BBC:
BBC NEWS | Science/Nature | Nuclear clean-up costs 'to soar'
Can anyone think of any other industry where this would be acceptable?
BBC NEWS | Science/Nature | Nuclear clean-up costs 'to soar'
Now - in the interests of fairness and full disclosure, it's worth noting that this is the cost to clean-up virtually all of the UK's fifty year old nuke program. But even so - although it's nice that the Department for Business is 'ready for an adjustment' of >600%, this is a sizeable chunk of GDP which is being slipped past the public without investigation or oversight. (Snarky reporting from the BBC doesn't count as either, unfortunately.) The best argument against nukes isn't about technology, efficiency or economics, or even that clean-up costs are reliably misunderestimated by large factors - it's that some governments, especially the UK's, lack the political or strategic skills to manage the technology effectively without turning it into a steaming mountain of faintly glowing pork. The current estimate for the Severn Barrage tidal energy scheme is £23bn. This assumes a privately funded and managed project, built with the UK's traditional vastly inflated construction costs - reliably between 25% and 50% higher than those on the mainland. Public or semi-public funding, combined with aggressive construction cost management might be able to trim that by 25%. With £73bn to spare, it would be possible to consider similar schemes for the Thames Estuary, the Wash, and the Solent, and perhaps add fill-in capacity with off-shore wind. Or indeed vice versa. The Severn Barrage was considered economically viable back in the 80s, subject to some modest green tax breaks, but the Thatcher government chose not to support it. It's unlikely to be less viable now than it was then. Perhaps the Department for Business could consider making an 'adjustment' to its politics instead of its budget, so that it's not making the same mistakes twenty years from now? |
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LQD - A new definition of 'affordable' | 17 comments (17 topical, 0 editorial, 0 hidden)
LQD - A new definition of 'affordable' | 17 comments (17 topical, 0 editorial, 0 hidden)
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