§ Ms DrownTo ask the Chancellor of the Exchequer what plans he has for(a) fiscal measures and (b) other charges on the nuclear industry to take account of risks of nuclear accidents that are not met by the industry's own insurance. [27552]
§ Mr. BoatengNone. The third-party liability of nuclear installations is governed by international agreement. This is set at £140 million. In the UK, we require installations to purchase insurance for third-party cover for each incident up to this limit. The Department for Trade and Industry is currently negotiating with international partners to triple this limit. The nuclear industry will need to pay for additional commercial cover up to this limit; but we have no plans for fiscal or other charges.