Jul. 28, 2010 - Issue #771: Young at Heart
News Roundup
Expensive Nuclear Proposal
A new report out of Saskatchewan reveals nuclear power may not be an economical or environmental savings for energy production. The Canadian Centre for Policy Alternatives has released the report "In the Red: The Green Behind Nuclear Power" which examines the economic costs of constructing nuclear power plants, something the Alberta government has been considering and the Ontario company Bruce Power has proposed for Peace River.
The report concludes that nuclear power will not reduce GHG emissions, the case for exporting surplus power is exaggerated as any excess power would compete with low cost hydro from BC, Manitoba and Washington. The report reveals nuclear power could potentially triple electricity rates, and carries the highest capital costs compared to other energy production.
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