Looks like the public teat is closing up shop:
The government will not subsidise new nuclear power plants, so if the private sector does not provide the huge investments needed, the country will have to do without, the minister responsible for energy said on Thursday.
The Labour government sees nuclear power as one of the most effective weapons in the fight against climate change and in efforts to reduce the country’s growing dependence on imported fossil fuels.
But that does not mean it will pay for or build nuclear plants.
“The government is not going to build a single nuclear power station,” Trade and Industry Secretary Alistair Darling told a committee of members of parliament.
“We are not going to contribute to the cost of it,” he said, rejecting suggestions the government might have to give money to get companies to make the multi-billion pound investments.
“If the energy generators don’t want to build them, then there won’t be any,” he said.
I’m sure the private sector will rush right in, huh?
