Jeremy Hunt accused of '?20bn gamble' on nuclear energy and carbon capture

Campaigners say chancellor is in the grip of the fossil fuel and nuclear lobbies and is 'squandering taxpayers' money'? Hunt U-turns on planned cut to energy bills support? What Hunt's U-turn on energy bills support means for youJeremy Hunt has been accused of wagering a "dangerous gamble on unproven technologies" in an effort to decarbonise Britain's energy industry after ploughing more than ?20bn into a series of projects.In his budget speech, the chancellor confirmed plans to spend the money over the next two decades on carbon capture and low carbon energy projects; announced a competition to co-fund small nuclear plants and launched a consultation to classify nuclear as "environmentally sustainable". Continue reading...