The group South-West Against Nuclear (SWAN) are calling for an international day of action and occupation of EDF offices/facilities on Monday15th Febuary to demand that EDF withdraw from the Hinkley C project & give up their nuclear ambitions in the UK. On the following day, February 16th cash-strapped EDF will meet to decide whether to continue with their new nuclear plant at Hinkley C in Somerset or not. It could go either way.
As EDF reports that profits were down 25% in the UK last year, and they scramble to find investors to help them build Hinkley C. It seems that even with government support and subsidies, nuclear power is a bad investment. A report by Citigroup [CITI2009] says “Three of the risks faced by developers— Construction, Power Price, and Operational—are so large and variable that individually they could each bring even the largest utility company to its knees financially. This makes new nuclear a unique investment proposition for utility companies."
We urge David Cameron and the leaders of Europe to scrap plans for Moorside. The UK Government is planning to sell a vast area of Cumbria to the same companies responsible for the Fukushima disaster, so that they can build new nuclear reactors. Please don't risk the safety of Europe by turning Cumbria into a nuclear sacrifice zone.
