Commenting,
Martin Temple
, Chairman of EEF said:
“We are pleased that the debate has moved on from whether we need nuclear or not and the talking has now got to stop. It is clear that nuclear power delivers significant climate change and security of supply advantages and will be an essential part of a low carbon energy environment in the future.”
“We now need to get on with it and this means government now needs to move swiftly. It must build on today’s announcement by pushing through reforms of the planning system, as well as putting in place a long term strategy for waste management so that industry can invest with confidence.”
Given the recent increases in fossil fuel and carbon prices, the commercial case for nuclear power has been strengthened as it will offer competitive and stable energy prices, essential for the long term future of energy-intensive businesses in the UK. EEF also believes that government should also offer nuclear power the same tax treatment as other low carbon forms of energy.
ENDS