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Steven Chu warns UK its nuclear plans risk becoming financial drain

2014-11-17 09:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: A leading energy expert has warned that although the British government is right to proceed with new nuclear plants they risk becoming a "financial drain" unless they can be built on time and on budget. Steven Chu, the former US energy secretary and Nobel prizewinning physicist, believes using a variety of reactor designs - as the UK looks poised to do - is not the best way to keep costs down. "Unless we can learn to build nuclear on schedule and on budget it will be a financial drain. Other...

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