The Green MEP for the South West has criticised the government announcement to guarantee £2 billion to underwrite the proposed nuclear electricity generation plant at Hinkley Point in Somerset, which is due to be built partly with Chinese money.
Molly Scott Cato, Green MEP for the South West, whose constituency Hinkley would be built in and long term critic of Hinkley says it is astonishing the government is "begging for Chinese money".
Wheeling out the Tory spin machine shows the government’s desperation. This is not new money at all. Numerous deadlines for signing this flawed deal have now been missed with French companies facing technological delays and Chinese companies facing financial difficulties.
It is astonishing that the government will go begging the Chinese for money in the middle of a stock market crisis while neglecting our incredible renewable resources in the South West. The Navitus off-shore wind development in Dorset alone would have secured enough energy to power 700,000 homes. There is clearly an ideological pro nuclear, anti-renewables obsession at the heart of government. While this government sees fit to subsidise foreign companies to support an old industry it is deliberately destroying UK companies and undermining investment opportunities for small-scale investors building the energy of the future.
The Tories are snubbing British citizens who have shown their willingness to invest in community renewables and support the clean, green energy of the future with which our country, and particularly the South West, is so richly endowed.
Somerset has been gearing up for Hinkley for years, but now the project has got the final go ahead, how will it affect the region?
The construction of the first nuclear power plant in the UK for a generation moved a step closer today as fresh investment was announced.