Comment 51157

By Undustrial (registered) - website | Posted November 04, 2010 at 19:50:04

Nuclear power has always been, in many ways, more of a financial construction than a practical technology. It's a great way to toss money around, since the whole process is so expensive and inefficient, but the power gained for inputs is rarely worth it. There are too many costs which simply don't show up on balance sheets - nuclear power is legally exempt from insurance laws, and nobody knows what the eventual cost of fully decommissioning reactors (never been done) or sustainably disposing of waste (none of Ontario's waste has even left the reactor sites - most now sits in sheds). And then there's the mining issues. And then there's the weapons proliferation issues. And then, of course, there's the enormous government subsidies still needed, decades later, to keep the whole thing afloat.

And as for Hamilton - cities like us (rapidly de-industrializing) need some global perspective here, and this article makes some very important points.

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