Trump threatens to sue social media; should Canada become a nuclear superpower?
The Liberal Party's hydro subsidy smacks of desperation. It's bad policy, and playing politics over rising electricity prices is going to be expensive. Just like with the gas plant scandal, the Liberals are putting their political self-interest ahead of good public policy. They are trying to buy your vote with your money. It is going to cost us big time -- over $1 billion a year to be exact.
Pickering is already 15 years past its best before date. It's the fourth oldest nuclear station in North America and the seventh oldest nuclear station in the world. Given its age, it is not surprising that Pickering is one of the most unreliable and poorest performing nuclear plants in North America.
Every hour, the sun bathes the Earth with enough energy to supply our needs for more than a year. There's no reason we can't harness more of it to cut back on polluting, climate-altering fossil fuels.
The Ontario Liberals are betting $13 billion of your dollars on rebuilding the Darlington Nuclear Station. It is so risky that no private company will fully insure nuclear plants, and it prompted Standard & Poor's to downgrade Ontario Power Generation's credit rating in 2012. But whatever the reason, the Liberals are failing to capitalize on economic opportunities for Ontario. This means we risk missing out on the global renewable energy revolution. Investors and countries are acting now to take advantage of dramatically falling prices for renewable energy.
If allowed to stand, the decision will further constrain the ability of the Canadian Environmental Assessment Act (CEAA) to ensure that most serious environmental and human health impacts associated with major industrial projects, including mines, dams and tar sands operations, are addressed.
No nuclear project in Ontario's history has delivered on time or on budget. No private company will insure nuclear plants because the risks are too high. TD Bank CEO Ed Clark says Darlington "carries enormous risks."
Does Ontario's Minister of Energy Bob Chiarelli understand how electricity markets work? Or is he deliberately sabotaging negotiations with Quebec to justify Ontario spending billions on nuclear power?Nuclear power is a bad choice for our financial future. Nuclear power is a bad choice for our energy future. It's time for the Liberals to wake up from their nuclear dream, and get down to the business of providing Ontario with safe, secure, and affordable electricity.
Is dilution really the solution to pollution -- especially when it's nuclear waste that can stay radioactive for 100,000 years? A four-member expert group told a federal joint review panel it is. The Great Lakes are already threatened by pollution, agricultural runoff, invasive species, climate change and more. We can't afford to add the risk of radioactive contamination to one of the world's largest sources of fresh water.
If the choice is between keeping nuclear power facilities running or shutting them down and replacing them with coal-fired power plants, the nuclear option is best for the climate. But, for now, investing in renewable energy and smart-grid technologies is a faster, more cost-effective and safer option than building new nuclear facilities, regardless of type.