Small and nuclear

A major scandal is the current ownership of energy supplies in this country. Not one has a major ownership associated with this country, with the upshot that 100 per cent of the high costs that business and householders fork out for energy leave the country. This is not to say that investors don’t deserve a return on their investment, but it sticks in the throat that hardly any of the cash we fork out stays to do good here in the UK

Now we have government eager to implement largescale nuclear capacity in a bid to reach net zero. This requires vast expenditure funded by overseas entities requiring equally vast subsidy to entice them to part with their cash. UK taxpayers should wake up to the deceit of net zero being foisted on us, along with the huge cost to each of us.

We have indigenous industry who can supply smaller scale nuclear power plants which only need the go-ahead to start building now. This will keep important skills in this country and enable the UK to control expenditure and forward energy costs under local control. Instead of relying on others to fund items such as energy we should ensure billions sitting as savings within this country are put to work on behalf of us all.

I am not suggesting that we allow this or future governments to manage this on our behalf. We need a new approach which handles UK infrastructure funding at arms length to national government. In addition, we need to create additional funding streams, perhaps through specific taxing to create funding for such an entity.

I am not holding my breath.

Tony Lewis Coylton, Ayrshire