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China to invest in UK nuclear

George Osborne has announced that the Government is to give the go ahead to Chinese firms taking a stake in the development of the next generation of British nuclear power.

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Friends of the Earth: Nuclear agreement 'a bad deal'

Friends of the Earth director of policy and campaigns Craig Bennett said the nuclear power agreement with Chinese investors was "a bad deal for taxpayers".

Mr Bennett said:

The Government has chosen to give enormous long-term handouts to Chinese and French companies when they could be developing a world-class renewable industry in the UK.

The reality is that nuclear power takes decades to build, but climate change and energy challenges are upon us now - this focus on nuclear distracts from more urgent priorities such as delivering energy efficiency to households who are suffering rocketing energy bills due to the rising price of gas.

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