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The hair-raising cost of energy security. Photographer: JENS SCHLUETER/AFP/Getty Images


The U.K.’s Nuclear Gamble

The U.K.’s Nuclear Gamble

The U.K. government had to perform two distinct calculations in deciding to proceed with building a nuclear power station at Hinkley Point, one political and one economic. The political reckoning was always going to argue strongly against abandoning the project. The...