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Nuclear Industry

I have no doubt about that whatsoever. Security of supply is touched on in some detail by the report. That is probably foremost among the political considerations that energy policy must address. Recent events in eastern Europe have illustrated the dangers of over-reliance on foreign fuel supplies. Somebody quipped to me recently that the father of the new British nuclear industry must surely be President Putin. I make no comment other than that. Unless a nation can control its energy supply, it cannot sufficiently control its economy. The effects of that can be profound across a broad range of policy areas that I shall outline, such as taxation and public service expenditure.