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UK 'subsidising nuclear power unlawfully' →
I was very pleased to see this story on the hidden subsidies for nuclear power in the UK, as I have written about this insurance limitation subsidy for the nuclear industry on several occasions (for example in Circumventing Consent: Nuclear Risk and Self-Deception). Though my posts focused on the US nuclear industry, a little research shows that nuclear power is subsidized by nation-states wherever it is available as a power source.
One could hope that this is the first unraveling of a pattern of industry-specific subsidies that distort the market and ensures that consumers will be poorly served at inflated prices, but big government has become so dependent upon big industry (each has a vested interest in the other, and it should be pointed out that Big Science is in turn in a relation of mutual dependency with big industry) that it would take something akin to a revolution to shake up the status quo of political economy.
Even if this it not part of a larger pattern, it is still hopeful to see that the British nuclear industry is being challenged on economic grounds, and it is to be hoped that other organizations will also pursue this innovative approach.
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