Nuclear Industry Safety Debate

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Nuclear Industry Safety

Martin Horwood Excerpts
Wednesday 18th May 2011

(13 years, 6 months ago)

Commons Chamber
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Chris Huhne Portrait Chris Huhne
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I return to the point that I made in answer to the hon. Member for Brighton, Pavilion (Caroline Lucas). As Lord Stern said, we have experienced the greatest market failure of all time. We will be able to provide the incentives that will lead all of us, in the private and public sectors, to change our behaviour only if we offset that market failure by incorporating the costs. What there will not be is any subsidy for the nuclear industry.

Martin Horwood Portrait Martin Horwood (Cheltenham) (LD)
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I am sure my right hon. Friend will confirm that a magnitude 9 earthquake hit western Europe in its not too recent history, and that the consequent tsunami crossed territorial maritime boundaries and hit the United Kingdom. Given evacuation and compensation bills running into tens of billions of pounds, and sea contamination at 18,000 times the safe limit, is not the real lesson of Fukushima that in the event of an unpredictable catastrophe of any kind, nuclear is the worst possible power source to be in its path?