Former nuclear regulators say nuclear not practical for climate action

Former heads of nuclear regulatory agencies and senior government advisors in the US, Germany, France and the UK published a statement outlining why new nuclear reactors – including SMNRs – are not a solution for climate change.

Their statement lists 10 reasons why nuclear is not a solution. The first three are:

• Too costly in absolute terms to make a relevant contribution to global power production

• More expensive than renewable energy in terms of energy production and CO2 mitigation, even taking into account costs of grid management tools like energy storage associated with renewables roll-out.

• Too costly and risky for financial market investment, and therefore dependent on very large public subsidies and loan guarantees.

Read the full statement HERE:

Author: CRED-NB

Coalition for Responsible Energy Development in New Brunswick