Reaction to Hinkley Point decision
“Hinkley Point demonstrates the folly of “industrial strategy”. The government is backing a hugely expensive way of producing electricity on the spurious grounds that it will reduce carbon emissions, increase energy security and create jobs.
“Continual government interference in energy markets makes it more difficult for companies to plan and therefore undermines private investment. Expensive government schemes therefore substitute for more efficient private sector investment.”
Notes to editors:
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