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Hinkley Point nuclear agreement reached - BBC News
More than £30bn worth of deals between the UK and China are expected to be struck during the four-day visit. [...] 'Security concerns' The Hinkley Point project has come under fire over its cost and the delays to investment decisions and the timetable for building. The government has also been criticised for guaranteeing a price of £92.50 per megawatt hour of electricity - more than twice the current cost - for the electricity Hinkley produces. [<< death knell 4 UK consumer & heavy industry! In 10 years as other countries invested in renewables heavily, energy prices will be much higher in UK, a country which did not invest heavily in the Smart Grid & renewables when it was cheap to borrow to fund private public partnerships; 5-10 year mega projects. Bc nasty party is mercenary, not visionary. &! china is deep in renewables. why not renewables!? build smart grid] The Treasury hopes that within 10 years China will be UK second biggest trading partner. //&! Steve Hilton - bbc.in/1krBjLp
Hinkley  Point  C  foreign  investment  China  UK  AIIB  nuclear  power  energy  policy  renewable  energy  energy  price  George  Osborne  nasty  party  Tories  dogma  ideology  corporate  welfare  subsidies  subsidizing  Restrisiko  budget2015  solar  energy  green  energy  wind  energy  offshore  wind  power  David  Cameron  Conservative  Makers  lobbyist  lobby  Lobbying  Wall  Street  shareholder  value  profit  maximisation  Smart  Grid  foreign  direct  investment  foreign  relations  foreign  affairs  foreign  policy  Hegemony  austerity  recovery  sovereign  debt  crisis  trickle-down  economics  underinvestment  productive  investment  ZIRP  NIRP  QE  Richard  Koo  secular  stagnation  Niall  Ferguson  competitiveness  competitive  trade  agreement  free  trade  Steve  Hilton 
october 2015 by asterisk2a

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