17 February, 2012

Nuclear peanuts

I was pleased when President Sarkozy and David Cameron announced a Franco-British deal on nuclear power plants. Then they said it was worth £500 million.

The latest add-on to the nuclear power station in Cherbourg cost €6 billion (note: not a new power station, just a bit more kit). £500 million is like saying you are going into car production and buying a couple of dinky toys.

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