UK Parliament / Open data

New Nuclear Power

Proceeding contribution from Therese Coffey (Conservative) in the House of Commons on Thursday, 7 February 2013. It occurred during Backbench debate on New Nuclear Power.

I will make more progress, but I will give way to the hon. Gentleman if I have time later.

In my view, despite those claims, support for new nuclear is not about subsidy, but about stability. A stable and open regulatory regime is vital to unlocking the potential benefits that energy investment, and particularly nuclear, can bring.

The first-round consultation for Sizewell C closed yesterday in my constituency. If it goes ahead, it will be immensely important for the local economy. It is estimated that new nuclear projects such as Sizewell C could boost our gross domestic product by up to £5 billion and create more than 30,000 jobs. Those will be highly skilled, well paid and high-value jobs. For example, an electrician working in the nuclear industry can probably earn the best part of £40,000 to £50,000, if not £60,000. That is not too different from MPs’ salaries.

Type
Proceeding contribution
Reference
558 c478 
Session
2012-13
Chamber / Committee
House of Commons chamber
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