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Originally Posted by 1andrew1

Is it wise though? That's a subjective assessment whereas millions is a factual one.

The three-week arrangement announced by Kwarteng will cover operating costs so the firm can immediately restart its Billingham plant. “This agreement will ensure the many critical industries that rely on a stable supply of CO2 have the resources they require to avoid disruption,” Kwarteng said.

CF is Britain's main CO2 producer and meets 60 percent of its demand, and the deal follows talks between Kwarteng and CF Fertilisers CEO Tony Will over the past couple of days. It will see the company restart production at one of two plants earmarked for closure. The BBC reported the cost to taxpayers is in the "low tens of millions" and is less than £50m.

Staff were allowed into the Billingham site on Teesside around 10 p.m. last night after assembling throughout the evening.

The move will also protect the U.K.’s six advanced gas-cooled nuclear reactors, which rely on CO2. Ministers were briefed Tuesday that the reactors were at risk and might have to close.

“These will be three tense weeks while we have to try and work something more long-term out,” a senior civil servant told POLITICO's London Playbook.

https://www.politico.eu/article/uk-b...ilisers-plant/