Natural Resources committee  Experience in the United States suggests that the key subsidy is a loan guarantee, because that makes the finance available. Essentially it means that the bank is lending money to the federal government. That's a very safe loan; it means that the cost of borrowing can be very low

Natural Resources committee  Yes. I said a little bit more in my written evidence, but I cut it out in the verbal evidence. There were two bids, apparently, according to the reports I have seen in the newspapers. One from AREVA was for about $7,000 U.S. per kilowatt, but that wasn't compliant with the term

Natural Resources committee  Thank you for the opportunity to present evidence to this important inquiry. My presentation is divided into four main parts. In the first part, I will examine the factors that determine the economic competitiveness of nuclear power. In the second part, I will examine what fact

Natural Resources committee  Yes, I can.