The British government has become the first in Europe to provide state guarantees to help fund a nuclear project. The move comes after French utility giant EDF and the British government signed off a deal to build two nuclear reactors at a total cost of almost 19 billion euros.
“I think what’s interesting is that this nuclear power station is not going to be calling on the British taxpayer for money;we are not going to have to divert British taxpayers money away from railways or roads or hospitals or schools. Instead we are attracting foreign investors, French companies, Chinese companies to come and invest in our infrastructure. I think that is a good thing,” British Prime Minister David Cameron told reporters.