Aug. 4th, 2008

webfarmer: (Default)
The UK version of Price-Anderson? Political fools rush in where private markets fear to tread?

BBC 2 interviewed Wicks before they got Miliband in front of the mike for his widely noted comments. Jeremy Vine made a solid point about how if the UK still owned their natural gas system, they wouldn't be getting screwed like they are now. This is evidently the same private natural gas company that's looking to buy British Energy and its lovely broken down nukes.

Sellafield Has Public "Blank Cheque" - The Independent (UK) - 04 Aug 08

"The consortium with a £20bn contract to clean up Britain's Sellafield nuclear plant has been handed a blank cheque by the Government to pay for future accidents there. Taxpayers would pick up a tab for hundreds of millions of pounds in the event of a serious security breach at the Cumbria facility. One estimate puts the cost of Britain's previous nuclear clean-ups at around £83bn."

"A parliamentary answer by the Energy minister Malcolm Wicks, given just before Parliament broke for the summer recess, reveals that the Government has no limit on the risk to the taxpayer. His answer has not appeared on the online version of Hansard, the parliamentary record, as is usually the custom. Mr Wicks said: 'Whilst the impact of any call on the proposed nuclear indemnity could be very high, there is only an extremely small possibility of the indemnity ever being used ... There is no commercially available insurance.'"


Energy: Centrica May Reactive Plans to Bid for Nuclear Power Generator - Guardian (UK) - 04 Aug 08

"Centrica could dust off plans for a merger with British Energy if France's EDF abandons its attempt to take over Britain's nuclear power generator. Centrica, which owns British Gas, looked at the prospect of an all-paper offer for British Energy this year but put its hopes on hold as the odds mounted that a big continental European player would make a cash bid.
webfarmer: (Default)
The UK version of Price-Anderson? Political fools rush in where private markets fear to tread?

BBC 2 interviewed Wicks before they got Miliband in front of the mike for his widely noted comments. Jeremy Vine made a solid point about how if the UK still owned their natural gas system, they wouldn't be getting screwed like they are now. This is evidently the same private natural gas company that's looking to buy British Energy and its lovely broken down nukes.

Sellafield Has Public "Blank Cheque" - The Independent (UK) - 04 Aug 08

"The consortium with a £20bn contract to clean up Britain's Sellafield nuclear plant has been handed a blank cheque by the Government to pay for future accidents there. Taxpayers would pick up a tab for hundreds of millions of pounds in the event of a serious security breach at the Cumbria facility. One estimate puts the cost of Britain's previous nuclear clean-ups at around £83bn."

"A parliamentary answer by the Energy minister Malcolm Wicks, given just before Parliament broke for the summer recess, reveals that the Government has no limit on the risk to the taxpayer. His answer has not appeared on the online version of Hansard, the parliamentary record, as is usually the custom. Mr Wicks said: 'Whilst the impact of any call on the proposed nuclear indemnity could be very high, there is only an extremely small possibility of the indemnity ever being used ... There is no commercially available insurance.'"


Energy: Centrica May Reactive Plans to Bid for Nuclear Power Generator - Guardian (UK) - 04 Aug 08

"Centrica could dust off plans for a merger with British Energy if France's EDF abandons its attempt to take over Britain's nuclear power generator. Centrica, which owns British Gas, looked at the prospect of an all-paper offer for British Energy this year but put its hopes on hold as the odds mounted that a big continental European player would make a cash bid.
webfarmer: (Default)
Originally posted on the Westword "Worst Case" web site. Link tip via [livejournal.com profile] joe_haldeman.
webfarmer: (Default)
Originally posted on the Westword "Worst Case" web site. Link tip via [livejournal.com profile] joe_haldeman.

Profile

webfarmer: (Default)
webfarmer

April 2017

S M T W T F S
      1
2345678
9101112131415
16171819202122
23242526272829
30      

Style Credit

Expand Cut Tags

No cut tags
Page generated Aug. 16th, 2025 08:53 pm
Powered by Dreamwidth Studios