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HMG can direct the 2 banks it has 84% & 41% shareholdings to lend (say) £10bn R/D in nuclear fusion & £40bn to build an airport on the Thames estuary

Submitted on Sunday 26th February 2012

Published on Monday 27th February 2012

Current status: Closed

Closed: Wednesday 27th February 2013

Signatures: 2

Tagged with

UK

Petition Action

HMG can direct the 2 banks it has 84% & 41% shareholdings to lend (say) £10bn R/D in nuclear fusion & £40bn to build an airport on the Thames estuary

Additional Information

HMG has invested around £45bn (84% shareholding) & £17bn (41% shareholding) into two UK banks at the height of banking crisis about 3 years ago. These assets/collateral are owned by HMG & therefore has the clout to insist the 2 banks to invest (by lending funds) on worthy/promising manufacturing, infrastructure, R/D projects (like building an airport on the Thames estuary, aerospace, R/D in stem cell research, nuclear fusion) identified by HMG. Nuclear fusion is THE holy grail of unlimited energy supply of the future. Currently only £1bn pa are invested in nuclear fusion worldwide in total. Nuclear fusion is the most powerful energy source in the universe & is the energy source of billions of stars in the universe. Fusion power stations do not produce radioactive end products can be turned on, as required, to generate limitless energy supply required by human civilisation.


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