A sad, sad day for a European Green Growth transition

What a sad, sad day for European Growth Growth transition. “Britain won EU approval for a new nuclear power plant at Hinkley Point on Wednesday, allowing the government to commit to 35 years of financial support for Europe’s biggest and most controversial infrastructure project.”

Molly Scott Cato, a UK MP for the Greens, said: “There can be no doubt that the generous terms being offered by the UK government to EDF on Hinkley C amounts to illegal state aid under EU rules.” She added: “It is a scandal that one of the final acts of the Barroso Commission is to turn a blind eye to the illegality of the Hinkley deal as some kind of quid pro quo for Germany’s renewable energy support scheme.”

(Thanks to Mark Johnston for this information.)

Claude Turmes, a politican from Luxembourg, stated in a recent interview that UK threatened to leave the EU if Hinkley Point C is not approved. Thus, it seems the EC gave in to this pressure… If only renewable sources of energy were to be subsidised by the amount that British taxpayers subsidies Hinkley Point C, then the Green Growth transition would not be a myth anymore but it would be well underway.

 

 

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