Brexit Britain urged to go nuclear and turbocharge modern economy
BUSINESS leaders are today urging Boris Johnson to ramp up the UK’s production of nuclear powered energy to help deliver his net-zero dream by 2050.
The Independent Business Network (IBN) argues in a new report that over the long-term nuclear energy is the cheapest low carbon source of electricity.
It says that on a long-term cost basis, it is 65 percent lower than gas with carbon capture and storage (CCS) and 36 percent lower than onshore wind.
The IBN points to pro-nuclear France which has slashed emissions per unit of energy at a rate six times faster than that of Germany which has focused on solar and wind schemes.
The French strategy is also much more affordable for taxpayers, the IBN says.
The business group is also calling on the Government to abandon its moratorium on fracking, arguing that it has “huge potential” to provide a bridge to Britain’s zero-carbon future.
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