Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I have no idea about any limits. Such limits would be absurd, especially considering the British love affair with the Free Market(tm).

The way to avoid the second problem you mention, at least the way we do it in Sweden, is to tax nuclear electricity when it is produced and put the money in a segregated decomissioning fund.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid on Tue Jan 8th, 2008 at 11:22:43 AM EST
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Since when did being absurd bother them?

Taxes are anti-business.

by Colman (colman at eurotrib.com) on Tue Jan 8th, 2008 at 11:28:51 AM EST
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That seems to be the approach that was being floated in the run up this week, although Hutton was pretty vague in his parliamentary statement and there's plenty of opportunities for the policy to change (indeed having a pot of money sitting around for decades can be an unbearable temptation for govts even if they set up a decommissioning fund on this generation of reactors).


-- #include witty_sig.h

by silburnl on Thu Jan 10th, 2008 at 10:00:30 AM EST
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