WELSH LABOUR GOVERNMENT OFFERS MORE TAXPAYERS’ MONEY TO TIDAL LAGOON

The Swansea Tidal Lagoon would be the pilot project for the far larger and “environmentally calamitous”  Cardiff/ Penarth Tidal Lagoon

The Welsh Labour Government is now offering £200,000,000  of taxpayers’ money to the company behind the disastrously expensive Swansea Tidal Lagoon scheme.

The Welsh Labour Government has now written to the Conservative UK Energy Minister Greg Clark offering the money as a “loan” to the company on condition that the UK Government will offer to buy the hugely expensive electricity from Tidal Lagoon  at a “strike price” which would be the equivalent of that to be paid to the Hinkley Point nuclear power station.

The Secretary of State for Wales Alun Cairns (Conservative MP for the Vale of Glamorgan)

The Secretary of State for Wales – Alun Cairns (Conservative MP for the Vale of Glamorgan) has already dismissed the Welsh Labour Government’s “loan” saying that the money being  offered isn’t new and has been put on the table before and doesn’t alter the “awful” financial arithmetic of the scheme.

Mr Cairns says the UK Conservative government is still working on trying to make the figures for the Swansea Tidal Lagoon project work – but – unlike Hinkley Point – so far the numbers for the Swansea project just don’t add up to a viable proposition for British taxpayers.

The huge Cardiff/ Penarth Tidal Lagoon would have 90 generating turbines at its Penarth end and would be built directly in front of Penarth Pier and Penarth Esplanade. Fish stocks would be decimated by it.

In Penarth there are fears that – were the Swansea Lagoon to go ahead –  it could meant the environmentally disastrous Cardiff/Penarth Tidal Lagoon could be built next.

This is a scheme which would , in effect, draw a concrete a 60-foot-high concrete and rock curtain across the sea front of the whole of Penarth and cut off the views across the sea to Somerset forever.

 

About NewsNet

Penarth Daily News email address dmj@newsnet.uk . Penarth Daily News is an independent free on-line fair and balanced news service published by NewsNet Ltd covering the town of Penarth in the Vale of Glamorgan, Wales, UK. All our news items are based on the information we receive or discover at the time of publication and are published on the basis that they are accurate to the best of our knowledge and belief at that time. Comments posted on the site by commentators reflect their opinions and are not necessarily shared, endorsed or supported by Penarth Daily News.
This entry was posted in Penarth Daily News. Bookmark the permalink.

5 Responses to WELSH LABOUR GOVERNMENT OFFERS MORE TAXPAYERS’ MONEY TO TIDAL LAGOON

  1. Philip Rapier says:

    Cairns real view were revealed in his leaked e mail yesterday.
    “Welsh Secretary Alun Cairns has expressed concern over the cost of the Swansea Bay tidal lagoon, saying the
    “numbers are awful”.
    In an email seen by BBC Wales, the minister said the lagoon’s output would cost
    “twice the price of nuclear”.
    No decision has yet been taken, but the Financial Times has reported the proposal will be thrown out this week.
    BBC News 5 June 18

  2. Dizzydeb says:

    I didn’t think the Welsh labour government had any money?
    We are being told our current refuse collection is unsustainable, we are turning lovely old churches into social housing instead of a community facility, the streets and the beach are filthy, rubbish everywhere, the roads and pavements are in need of desperate repair.
    Our community charge is at an all time high. We Can’t get out of Penarth in the mornings, let alone Cardiff.
    STOP WASTING OUR MONEY!

  3. WTF says:

    The clue the Labour lot won’t let this drop lies in the effect on Penarth you outlined in your previous news story, and I quote: “…the massively-damaging Tidal Lagoon scheme – which would …drawn a concrete curtain across the entire sea-front of Penarth, obliterating views of the sea from the Esplanade and wrecking the entire character of the town as a seaside resort.”
    That crew in the Bay must be losing sleep trying to hold onto this gig, with its promise of spoiling Penarth – a town created by the wicked English elite and now inhabited by wealthy Welsh wannabes.

  4. Chris David says:

    Oh the WG do have money- the £18 billion + the real government give to it every year. A lots wasted mind. So “we” get £18,000,000,000 and then “loan” £200,000,000 to an energy company. Funny old world. Still we need renewable answers to our energy problems. But not at a greater than merit-able expense to the environment. Difficult to know what’s best and what the truth is.

Comments are closed.