Before the end of the current parliament, in 2024, the government has pledged to approve funding for at least one new nuclear power station. It is an arresting fact that all of Britain’s eight functioning nuclear power stations are owned by the same company, EDF Energy, a subsidiary of Électricité de France, which in turn is majority owned by the French state. Although it has a monopoly on electricity production in France, EDF’s financial position has been precarious since the … read more »
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