Port Talbot is a big problem. But so is Hinkley Point
The likelihood of achieving a vital part of the UK's future power infrastructure appears to be waning by the week
At Port Talbot the government appears to have assumed, even at the eleventh hour, that Tata would not dare to walk away from its UK steel business. It was a bad bet, thus the undignified scramble to get the business secretary back from Australia to explain what government intervention in the steel industry might mean, and cost.
But let's not ignore the other industrial drama involving vast sums, thousands of jobs and a key plank of government strategy. Yes, it's Hinkley Point, where the UK's energy policy for the 2020s rests on the premise that French state-backed outfit EDF really will build a 18bn nuclear station in Somerset that will open in 2025 to supply 7% of our electricity.
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