Comments on: EDF fails to push Britain’s nuclear button

By: Anubis

Anubis — Sun, 03 Aug 2008 17:18:23 +0000

As in the words of Adam Smith, it is unwise to invest capital abroad or attract capital investment from abroad. Smith warns such endeavors lead to the use of military force to protect influential investors. Yet this is the current practice of multi-national corporations which is referred to as globalization. It is unlikely we should see war between nations anymore (accept the U.S.), however WTO trade talks have been marred by violence and protest. Rwanda, Darfur, the Cong… I wonder just how much oppression and poverty the people of third world endure behind the agreements reached between their corrupt governments and large global corporations. Amnesty International for years has consistently sighted low wages as the leading cause of poverty.

By: ian

ian — Fri, 01 Aug 2008 13:02:09 +0000

I guess the sites will be offered piecemeal, slower but probably better than placing the nuclear camp in the basket of one owner. Also offers the chance for other reactor designs (apart from French) to be used in the UK and increase build competition. This process needs to be started quickly if an energy gap is to be avoided.

By: Matthew

Matthew — Fri, 01 Aug 2008 10:17:11 +0000

If it ever becomes possible for a British power company to take over a French one (and if, which is more likely, Gloucester Old Spots are seen flying over Hinkley Point), then EDF will be welcome to British Energy. Until that time, I think such strategic national assets as nuclear power stations should remain in British hands.