Our Local Enterprise Partnership – to which major decisions about housing, health and infrastructure in Devon and Somerset will be devolved without any consultation of the public – has, not surprisingly, chosen the new Hinkley C nuclear plant in Somerset as its mega-vanity project. Not surprising because at least two (and maybe more) board members have nuclear interests.
A long article in today’s Guardian shows the total folly of the project and says only France can pull the plug on it as George Osborne cannot afford to lose face by doing it, nor can he allow the Chinese investors to do the same.
“Business situations are often described as zero-sum, or win-win. Hinkley Point, already the site of a power station in Somerset, is a rare case where the project could be damaging to both customers and investors. It would saddle British taxpayers with highly expensive power, and risk bankrupting a major French company, whose finances are already shaky. The government should cancel the deal.”
East Devon Watch 