Since the Saskatchewan Party tried to push nuclear power when first elected to office, it's heard from
the public about their grave (and justified) concerns.
Overall, while there is some support for nuclear power generation, the overwhelming response to this public consultation was that nuclear power generation should not be a choice for Saskatchewan,
whether it is intended to serve the needs of Saskatchewan people only,
or for a combination of Saskatchewan people and other provinces or
states.
It's heard from
international financial markets that nuclear development is seen as a major risk factor.
Moody’s Investors Services warns in its new report — “New Nuclear
Generation: Ratings Pressure Increasing” — that it may view nuclear
construction plans as a negative.
Moody’s worries that investment
in new nuclear is so costly that it amounts to a “bet the farm”
strategy. It increases business risk and operating risk.
It's heard from
other Canadian provinces about the lack of any economic basis for nuclear power.
The Ontario Energy Board has indicated that any price higher than $3,600
per kilowatt of power capacity would be uneconomical when costed
against alternatives such as natural gas and renewable energy options.
Bruce Power has indicated its intention to build two 1,000 megawatt
reactors in Saskatchewan at a cost of between $8 and $10 billion. Using
Bruce Power’s conservative price estimate, its proposal works out to
approximately $4,000 per kilowatt – a price that exceeds the Ontario
Energy Board’s economical cutoff.
It's seen other countries phase out nuclear altogether, while facing a
reckoning from decades of generating hazardous waste without a plan to manage it.
When it comes to the big questions plaguing the world's scientists, they don't get much larger than this.
Where do you safely bury more than
28,000 cubic meters -- roughly six Big Ben clock towers -- of deadly radioactive waste for the next million years?
This is the "wicked problem" facing Germany as it
closes all of its nuclear power plants in the coming years, according to Professor Miranda Schreurs, part of the team searching for a storage site.
Experts
are now hunting for somewhere to bury almost 2,000 containers of
high-level radioactive waste. The site must be beyond rock-solid, with
no groundwater or earthquakes that could cause a leakage.
The
technological challenges -- of transporting the lethal waste, finding a
material to encase it, and even communicating its existence to future
humans -- are huge.
And faced with all those voices confirming the folly of pushing nuclear power, Scott Moe's response has been...to
barge ahead based on the belief he doesn't have to listen to anybody.
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