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EDF obsesses over nuclear, as shares suffer

EDF has continued its blurred approach to decarbonization this week, making its largest investment so far in the electric vehicle market, while simultaneously readying plans to splash up to £20 billion on the Sizewell C nuclear plant in the UK. Share prices have suffered as investors jump ship to companies which are in less of a government stranglehold and have demonstrated clearer renewables ambitions. Starting with the good news – the EDF Group has pushed forward with its Electric Mobility Plan, acquiring a majority stake in EV charging company Pod Point in a joint venture with Legal and General Capital. But this announcement is arguably just ‘a-spoonful-of sugar-to-help-the-nuclear-go-down.’ Sizewell C, however things go, will be far more influential in determining…

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