INCREASES in the cost of living are a concern to many across East Lothian.
The post-Covid economic situation was always going to be challenging, following record public spending on the vaccine programme, business support and the furlough.
Across the world, energy prices are rising, inflation is on the increase and wages are failing to keep pace. This is a real concern.
To soften the blow of increased energy prices, UK Chancellor Rishi Sunak last week announced £200 in direct energy support to every household and made available a further £290 million for the Scottish Government to help with the cost of living.
The reasons for the increase in energy prices are complex. That is why it is important we maintain a diverse domestic energy base.
Later this month, I will be leading a parliamentary debate on the future of Torness Nuclear Power Station in Dunbar. This follows the news that the station will stop operating two years ahead of schedule in 2028.
The Scottish Government is using the planning system to scrap nuclear power as we transition to net-zero emissions by 2045.
While the commitment to net-zero and renewables is welcome, Torness has produced nearly 280 TWh of zero-carbon electricity – enough to power every home in Scotland for 28 years.
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Torness is one of the county’s largest employers, with 500 staff, 250 contractors and a salary contribution totalling £40 million annually.
If we want to meet and exceed Scotland’s net-zero ambitions, nuclear power must play a role. It will also help keep prices down.
In France, where 70 per cent of supply is nuclear, the government has restricted energy price increases to four per cent.
This is why I will be pushing for the Scottish Government to reverse its short-sighted opposition to nuclear energy.
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