Our political unit has been trawling through the fine print of this morning's nuclear White Paper. Here's their initial analysis, outlining some of the more subtle ways the government has understated the real risks to the taxpayer and the lack of clarity on economics:
- The White Paper shows how nuclear companies will be able to cap their liabilities, leaving the tax payer exposed if estimates for dealing with waste change.
- It openly admits the government will have to provide extra money if cost estimates are wrong.
- It uses questionable financial estimates to build the nuclear economic case.
