#5. Whatever Will Be, Will Be
#4. Better The Devil You Know
#3. The Neverending Story
#2. Jobs For The Boys
#1. Put Your Money Where Your Mouth Is
Hinkley C is going to cost money. Lots and lots of money. At first it was going to cost £10 billion. Then £16.5 billion. Now it's going to cost £24.5 billion. It's predicted the final cost could be as high as £75 billion. Going on this year's figures, that could fund the Welsh NHS for twelve and a half years. Once it's built, it's still going to be costing us over the odds. The government has agreed an electricity unit price with EDF at twice the going rate. That 'strike price' is also index linked, so it's only going to go up. So much for cheap electricity.
Yes, renewables are expensive, and they do struggle to generate the single site quantities nuclear is capable of. But. If we're going to just chuck money around, why not chuck it at something which is sustainable and beneficial, rather than at something which is such a potential health hazard and will carry on costing us huge sums of money long after it's ability to generate power is at an end? The more money invested in renewables, the more efficient they will become, the more the unit price will drop. It would still generate energy, still create jobs, and provide an opportunity for the UK to actually become market leaders instead of having to outsource on hugely disadvantageous terms.
Because there are only two groups Hinkley C will really benefit - EDF and the Nuclear Decommissioning Agency.