But we must consider not only the cost of building nuclear power stations, but the cost of the contingent liability of decommissioning nuclear power stations at the end of their lives. Did my hon. Friend notice that the Prime Minister completely failed to answer a very simple question: who is going to pay for that? In the absence of any clarity, one must assume that the Government expect the taxpayer to pick up that bill. It has been made quite clear that the City of London and private investors simply will not invest in nuclear power if they will have to deal with the contingent liabilities of decommissioning nuclear power stations at the end of their lives.
Debate on the Address
Proceeding contribution from
Tony Baldry
(Conservative)
in the House of Commons on Wednesday, 15 November 2006.
It occurred during Queen's speech debate on Debate on the Address.
Type
Proceeding contribution
Reference
453 c89 
Session
2006-07
Chamber / Committee
House of Commons chamber
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