The British government signed orders giving the final go-ahead for construction of the $24 billion dollar Hinkley Point nuclear plant, despite concerns about Chinese espionage.
For the last two months, British Prime Minister Theresa May considered canceling the plant due to its high costs and environmentalist opposition. Additionally, the U.S. charged the Chinese company behind the plant with nuclear espionage. The project is backed by French power company Électricité de France (EDF) as well as state-controlled Chinese companies.
Signing the deal represents a “crucial moment in the UK’s first new nuclear power station for a generation and follows new measures put in place by government to strengthen security and ownership, ” Greg Clark, Britain’s Businesses Secretary, told The Guardian. – READ MORE
