My hon. Friend makes an important point. If we wish there to be investment in nuclear power, we cannot try to tell the market the conditions for such investment are such that will make it impossible for the investment to occur. That would be conflicting with oneself. If the Government believe that nuclear power is essential, they must find ways in which the private sector will invest. The private sector will not invest if it faces not only a possible 20-year return on capital, but a decommissioning cost. The Government must face up to that, as must my party, but that has not yet happened.
Debate on the Address
Proceeding contribution from
Ian Taylor
(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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