A key plank of the government’s Coalition Agreement was that any new nuclear power would not be subsidised. Liberal Democrat policy couldn’t be clearer – ‘Reject a new generation of nuclear power stations based on the evidence nuclear is a far more expensive way of reducing carbon emissions than promoting energy conservation and renewable energy.’ Deputy Prime Minister Nick Clegg has insisted again that there would be no public subsidy. But new nuclear power stations are not profitable without massive subsidies from the public purse.

