UK

UK can’t afford new Japanese nukes to replace coal/old nukes — so going for cheap Chinese nukes

What could go wrong? What sane government would risk its national security by allowing the Communist Chinese to build unnecessarily expensive nuke plants, rather than sticking with affordable and reliable coal?

Continue reading UK can’t afford new Japanese nukes to replace coal/old nukes — so going for cheap Chinese nukes

Case study: UK demonstrates folly of abandoning coal

UK quits coal, but needs baseload to avoid blackouts. So the government subsidizes coal and gas plant operators remain online. But the rentseeking electricity rationing industry objects. An EU court intervenes. What a mess. US utilities, grid operators and utility commissions are walking straight into messes like this by mindlessly abandoning coal.


Source: Reuters Web | PDF