Letter submitted to The Guardian today Your economics editor’s interesting assessment of the challenges posed in respect of the future financial base for an independent Scotland, overlooks the prospective impasse in untangling how liabilities will be apportioned between an independent Scotland and a remaining UK (rUK). This will predictably be most acute when it comes to the civil and military infrastructure in Scotland. In the former case, Scotland has one operating nuclear plant at Torness, that has around 10 operating years to go, one plant at Hunterston, whose operational life is very close to completion, and two closed experimental fast breeder nuclear plants, and associated reprocessing facilities, at Dounreay, on the north Scotland coast. … Military facilities have been deployed as part of the nuclear “defence” of the UK, when Scotland was a constituent part, as this will have to pay its share of the decommissioning and clean-up liabilities. Nobody knows the real final cost of this (at least) 150 year process, but it certainly will be many tens of billions of pounds. The extreme exigencies of these predictably very expensive and technically complex clean-up programmes would have to be solved in any independence process. I don’t envy the nuclear negotiators.
David Lowry’s Blog 1st Sept 2020 read more »