French bid for British Energy - bad for climate and bad for taxpayers

Last edited 8 May 2008 at 2:58pm
8 May, 2008

The parties involved in the expected takeover of British Energy have "little interest in tackling climate change or protecting British taxpayers", said environmentalists today.

Nathan Argent, nuclear campaigner for Greenpeace, said:

"The expected French Government bid to takeover of British Energy will come with huge financial costs, a tiny reduction in carbon emissions and continued confusion over who pays for the clean up of radioactive waste.

"Energy bosses admit that replacing the UK's existing reactors will cost about £60 billion - twice the amount the Government estimated only months ago. Even the Government has said that this will only reduce carbon emissions by around four per cent."

Such an investment should instead be used to enable the UK to reach legally binding renewable energy targets, environmentalists say.

"And there's still an enormous question mark over dealing with spent nuclear fuel produced by the reactors that the French hope to buy. Since the beginning of 2005, the UK Government has been legally committed to dealing with all the spent nuclear fuel on these sites, and this commitment will continue even when the sites are sold. So, the British taxpayer will be financing the clean-up of French owned nuclear sites in the UK.

"It's worryingly obvious that anyone involved in this dodgy deal - and that includes the Government - has little interest in tackling climate change or protecting British taxpayers."

For more information, contact the Greenpeace press office on 020 7865 8255.

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