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[QUOTE]The government has approved a new £18bn nuclear power station in the UK after imposing "significant new safeguards" to protect national security.
The new plant at Hinkley Point in Somerset is being financed by the French and Chinese governments.
However, the UK government says it will have control over foreign investment in "critical infrastructure".
Ministers will be able to stop EDF, the state-controlled French energy firm, from selling its stake in Hinkley.
Jean-Bernard Lévy, chief executive of EDF, which is building the plant, said: "The decision of the British Government to approve the construction of Hinkley Point C marks the relaunch of nuclear in Europe."
Critics of the deal have warned of escalating costs and the implications of allowing nuclear power plants to be built in the UK by foreign governments.
EDF is funding two-thirds of the project, which will create more than 25,000 jobs, with China investing the remaining £6bn.
The Chinese agreed to take a stake in Hinkley, which will meet 7% of Britain's electricity needs, and to develop a new nuclear power station at Sizewell in Suffolk on the understanding that the UK government would approve a Chinese-led and designed project at Bradwell in Essex. That decision has raised questions over national security.[/QUOTE]
[url]http://www.bbc.co.uk/news/business-37369786[/url]
[QUOTE]The new plant at Hinkley Point in Somerset is being financed by the French and Chinese governments.
However, the UK government says it will have control over foreign investment in [B]"critical infrastructure"[/B].
[/QUOTE]
Then why they decided to take foreign investments then?
I'm glad to see the UK building more clean power stations. I'm still just baffled by how much this thing costs and how expensive the electricity from it is going to be though.
Built next century
[QUOTE={TFS} Rock Su;51056140]Then why they decided to take foreign investments then?[/QUOTE]
Well it's not like the Chinese are going to walk up to the front gate and be like, "yo, we own this, we're here to blow it up. let us in, thanks"
[QUOTE=Anteep;51056174]Built next century[/QUOTE]
At least you are building them.
I wish the average citizen in my country wouldn't have eaten that anti-npp propaganda.
Pretty sad we cant manage to build a power station ourselves. I guess foreign companies have their hand in everything in the UK anyway, pretty sure the waste collection company in an area near me is owned by a Spanish company lmao...
[QUOTE=Complifusedv2;51056984]Pretty sad we cant manage to build a power station ourselves. I guess foreign companies have their hand in everything in the UK anyway, pretty sure the waste collection company in an area near me is owned by a Spanish company lmao...[/QUOTE]
It's almost as if the Tory economic policy of austerity hasn't rejuvenated the UK economy.
Huh...funny that. Despite all the warnings coming true we still let these assholes run the place. When nobody actually has the money to spend investing in the local area, and public services are being cut down constantly, it's only natural that somebody from outside who has the money to invest would sneak in there.
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