George Osborne must commit to the Swansea Tidal Lagoon
The Chancellor explicitly mentioned the Swansea Bay Tidal Lagoon in his Autumn Statement in 2014. I'm asking him now, 18 months later, to recommit to our Swansea Lagoon in the Budget next week. If he doesn't people will naturally think he is playing games and that his 'review' will simply kick the project into the long grass.
The latest research shows that methane leakage during fracking is 8% and so fracking is two and a half times worse than coal in terms of climate change, the Chancellor must use the Budget to promote green energy like Swansea Bay Tidal Lagoon instead of fracking which is worse than coal for climate change.
80% of fossil fuels cannot be used if our the world is to keep temperature increases below 2% as agreed in the Paris Climate Change Conference. Meanwhile if nuclear energy provided 15% of world energy then uranium supplies would be exhausted within 10 years.
The Chancellor must use the Budget to invest in sustainable power and Swansea's Tidal Lagoon is the first page in a new chapter of wave energy that could make Britain a world leader.