Pull the plug on nuclear subsidies

Excellent article by Ole Hendrickson in the latest issue of Rabble:

Some quotes from the article:

New Brunswick Power, despite being awash in debt, is also promoting two “next generation” SMRs at its Point Lepreau reactor site. Both the provincial and federal governments have provided multi-million-dollar grants, ignoring warnings that these SMR designs, which would be fuelled by plutonium, have been riddled with technical problems in the past and would create serious risks of nuclear weapons proliferation.

The linchpin of nuclear corporate welfare in Canada is Atomic Energy of Canada Limited (AECL). Created in 1952 as a federal crown corporation, AECL now has fewer than 50 employees, but receives over a billion dollars of federal money each year.

Author: CRED-NB

Coalition for Responsible Energy Development in New Brunswick