The Nuclear Regulated Asset Base Levy means Scots will pay ‘nuclear tax’ for nuclear energy consumed in England
Professor John Robertson OBA You’ll have seen headlines like – ‘SNP has slammed Scottish Labour leader Anas Sarwar for his silence on Westminster’s “nuclear tax”, which could see Scottish households paying out a total of £300 million over the next decade to fund nuclear projects in England.’ Labour MPs and MSPs are already programmed to deny it and to demonise any who suggest it is true. It is true. The UK Government explicitly plans to fund new nuclear power station building, such as Sizewell C in Suffolk, via the RAB levy.1 What is the RAB levy? It’s a UK-wide charge … Continue reading The Nuclear Regulated Asset Base Levy means Scots will pay ‘nuclear tax’ for nuclear energy consumed in England
