text_body: --- DIVISION TITLE ---
  
  Nuclear Power - Not competitive - rejected
  
  --- MOTION EFFECT ---
  
  
  
  
  The majority of MPs voted against the motion:[1]
  
  **This House 
  * ''notes'' with concern the decision of the Government to put at risk over Â£600 million of public funds in order to prevent the bankruptcy of the privatised nuclear power company British Energy;
  * ''further notes'' that several competitor companies in the deregulated market also face financial collapse and that some are petitioning for Government assistance; 
  * ''believes'' that nuclear power has been shown in a competitive market to be uneconomic as well as to generate long-term environmental costs in respect of waste disposal and decommissioning; 
  * ''further believes'' that it would be wrong for the Government to continue to bail out British Energy shareholders with a massive unplanned injection of public money or encourage new nuclear power projects; and 
  * ''calls'' on Her Majesty's Government urgently to bring forward its response to the PIU energy review,[2] with measures to initiate a sustained long-term improvement in energy efficiency and conservation, and to facilitate the more rapid introduction of a variety of new renewable energy technologies as the favoured electricity generating source in the long-term, taking into account the Government's Kyoto targets and the Prime Minister's support for sustainable energy use at Johannesburg.
  
  An alternative motion was put in its place and voted through.[3]
  
  * [1] [http://www.theyworkforyou.com/debates/?id=2002-10-22.201.0#g201.2 Vincent Cable MP], House of Commons, 22 October 2002
  * [2] [http://www.cabinetoffice.gov.uk/strategy/work_areas/energy.aspx Energy Review], Performance and Innovation Unit, February 2002
  * [3] [http://www.publicwhip.org.uk/division.php?date=2002-10-22&number=327 Nuclear Power - Will be addressed on its own merits], House of Commons, 22 October 2002
  
  
  
  --- COMMENTS AND NOTES ---
  
  (put thoughts and notes for other researchers here)
  