Money talks: Nuclear power play
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 20 September 2016
⏱️ 15 minutes
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| 0:00.0 | Do you hear that? |
| 0:05.0 | It might sound like nothing to you, |
| 0:07.0 | but it's actually the sound of nuclear, wind and solar energy. |
| 0:11.0 | At EDF, we're busy generating more British zero carbon |
| 0:14.8 | electricity than anyone to help keep future energy costs down for everyone and |
| 0:19.1 | help cut UK carbon emissions to nothing. Sound good to you? Find out more about our |
| 0:24.8 | zero carbon generation at edf energy.com slash helping Britain. Hello, you're listening to Money Talks. I'm Simon Long, the finance editor. |
| 0:41.0 | Coming up this week, we'll be hearing about Theresa May's green light |
| 0:44.8 | for Hinkley Point. It looks a bit like a white elephant and a very very expensive |
| 0:48.8 | white elephant too. A ticking time bomb at the heart of Western economies. |
| 0:53.2 | It's only now I think that the politicians' workers are starting to wake up to the issue. |
| 0:58.8 | That means that this is going to come more and more into the headlines over the next decade or so. |
| 1:03.2 | And whether it could be Deutschland Uber Alice in the European tech scene. |
| 1:07.2 | There have been a lot more venture capitalists, a lot more startup, setting up in Berlin, and much more interesting creative disruptive companies. |
| 1:17.0 | So first in July we covered the decision by Theresa May, Britain's Prime Minister, to put the brakes on one of her |
| 1:24.5 | predecessor's most ambitious projects. |
| 1:27.4 | That's an enormous nuclear power station to be built at Hinkley Point in Somerset |
| 1:30.8 | in Western England, with the help of French Energy Company, EDF, an investment |
| 1:35.3 | from China. |
| 1:37.2 | It marked a symbolic break with David Cameron and with his finance minister George Osbourne, |
| 1:42.2 | but is proved short-lived. |
| 1:44.1 | Last week was announced that the delay was over and that with the addition of some new conditions |
... |
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