The Cost of Cancelling Canada’s Small Nuclear Reactors
In recent years, Canada has emerged as a frontrunner in the development of small modular reactors (SMRs), which are touted as a crucial component of the nation’s strategy to achieve net-zero carbon emissions by 2050. However, debates about the viability and safety of nuclear power persist, leading to discussions about potentially canceling the SMR projects. While proponents argue that SMRs are essential for Canada’s clean energy transition, the financial, environmental, and social implications of canceling these projects warrant a closer examination.
Financial Implications
The …