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Tag: nationalisation
Fergus Ewing slams Jeremy Corbyn's energy industry nationalisation call
2015-09-16 01:45:53| Oil & Gas - Topix.net
New Labour leader Jeremy Corbyn 's plan to nationalise the energy industry would spell a "dire" future for oil and gas production in the North Sea, according to Scottish energy minister Fergus Ewing. Mr Ewing renewed his demand for the UK Government to use tax incentives to stimulate exploration after plummeting oil prices rendered many projects uneconomical.
Tags: call
industry
energy
jeremy
United Kingdom: Hinkley Point nuclear power station: a new type of nationalisation
2013-10-21 17:44:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Rejoice! Britain's first new nuclear power station in a generation is to be built at Hinkley Point in Somerset, and David Cameron could not be happier. "This is a very big day for our country," he said yesterday, "the first time we've built a new nuclear power station for a very long time." There is only one snag: "we" are not building it at all. Thanks to an amazingly cushy 35-year deal agreed with the government, the plant to be known as Hinkley C is the responsibility of a consortium largely...