EDF unions call for Hinkley Point project to be postponed

[bananas]

Source: Guardian

Workers’ representatives say UK nuclear scheme is threat to EDF’s future and that finance chief’s resignation shows senior figures in company agree

Union leaders at the French energy company EDF have called for investment in Britain’s Hinkley Point nuclear power plant to be delayed for at least two years, warning that it represents a threat to the company’s future.

Workers’ representatives say the sudden resignation of EDF finance director Thomas Piquemal has revealed that doubts over the feasibility of the controversial project go right to the top.

“The resignation of such a high-ranking executive is pretty spectacular and shows the disagreement even at the highest levels,” Serge Gianorsi, trade union secretary for the Force Ouvrière union at EDF, told the Guardian.

“Until now, managers have not expressed themselves publicly, but we have known for a long time that our position is shared by the majority of specialists inside and outside the company.”

The union leader’s warning was backed up by Martin Young, an analyst with the investment bank RBC Capital Markets, who said proceeding with the Hinkley project would verge on “insanity”.

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Read more: http://www.theguardian.com/business/2016/mar/07/edf-unions-call-for-hinkley-point-project-to-be-postponed

[retrowire]

1. Okay, now read this again BUT

Interpret EDF Union as: Electronic Dance Festival Union.

Go.