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Two Silver Stars
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quote:
is linked to oil



its actually linked to the dollar. if the dollar goes up the price comes down.

meanwhile Gordons brother is PR for EDF. So no conflict of interest there?
 
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just had a google concertpianist

read the link former politicians like Brain Wilson a former energy minister left parliment in 2005 become non executive director of Amec Nuclear

2006
The powerful business of promoting a nuclear future

what an insightful read Andrew Brown, prior to his moved to EDF came from the PR company Weber Shandwick, he was their director of media strategy. Weber Shandwick has a long history of involvement with the atomic industry.
He joined EDF as it started to buy up LondonEnergy, Seeboard Energy and SWEB Energy.


quote:
Those involved in a huge lobbying campaign for a new generation of nuclear power stations will declare victory today when the government's energy review finally gives the plants the green light.

Among those celebrating will be industry leaders, including the chancellor of the exchequer's brother. Andrew Brown is head of media relations at EDF Energy, which operates 58 atomic reactors in France and has been pressing the British government to renew its fleet of power stations here.

There is no suggestion that Andrew has unfairly influenced his sibling - or even talked to him about it -

Off course not why would we ever think that

 
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British nuclear plans in chaos as French firm EDF backs out

quote:
The Government’s plans for a rebirth of its nuclear industry were in jeopardy last night after France’s biggest energy company said at the eleventh hour that it was pulling out of a deal to take control of the sector.

EDF, the French state-controlled electricity company, had been widely expected to announce a £12 billion takeover of British Energy, the nuclear generator, this morning.

But shortly before midnight it released a statement saying that conditions were not right for “a major development in Great Britain”.

 
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British nuclear plans in chaos as French firm EDF backs out

quote:
The Government’s plans for a rebirth of its nuclear industry were in jeopardy last night after France’s biggest energy company said at the eleventh hour that it was pulling out of a deal to take control of the sector.

EDF, the French state-controlled electricity company, had been widely expected to announce a £12 billion takeover of British Energy, the nuclear generator, this morning.

But shortly before midnight it released a statement saying that conditions were not right for “a major development in Great Britain”.



the shareholders want more

Nuclear fallout as EDF pulls £12bn British Energy deal

quote:
Two major shareholders in British Energy are understood to have vetoed the £12 billion bid by French energy giant EDF which threw the Government's nuclear programme into chaos last night. A source said the deal had foundered when at least two of British Energy's key private investors held out for a higher price. The shareholders argued that EDF's bid had been overtaken by rising fuel prices and should be increased.

A source declined to confirm a rumour that Invesco and Prudential, which collectively own 22 per cent of British Energy, were the shareholders which blocked the deal.
 
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