Wow, this is hot garbage.
The largest line item on Ontario's subsidy list is the "Renewable Cost Shift", which, as the name would imply, moves 85% of the cost of the wind and solar contracts signed by the previous administration from the rate base to the tax base.
The next largest line item effectively just rebates people the tax, which we originally didn't pay, but it was added in 2010 by McGuinty.
The breakdown of all available programs, and their costs, can be found in the attached image. If you'd like the copy of a recent bill, I can readily provide one.
Yes, legacy hydro is currently cheaper than Ontario nuclear, but unless you have another James Bay that you can dam, hydro at that scale isn't really an option is it? So why mention it? Same goes for BC where the only hydro development, the Site C dam, has been under construction since 2015, and, originally budgeted at $8.3 billion, is currently projected to cost more than $16 billion for a peak output of 1,100MW and annual production of around 5TWh, which is less than the annual output of a single Ontario nuclear unit.
So, if you don't have another James Bay in your back pocket, and the hydro projects you CAN build (ahem, Snowy 2.0...) are going massively over budget, Ontario, whose nuclear refurbishments are currently ahead of schedule and on-budget, and whose home-grown CANDU technology provides a viable alternative for coal and gas thermal plants, using the same cooling water, seems like a pretty reasonable peer grid to be looking at.
On July 8, the City will commence the last phase of Bloor Street West Reconstruction. The following intersections will be closed: Huron Street and Bloor Street West from July 8 to 15, and Spadina Avenue and Bloor Street West from July 15 to 22. https://t.co/zTfFeJPvAM (1/2)
Incredible speech: Arnold Schwarzenegger slams Germany for closing nuclear plants while claiming a fossil fuel emergency to its citizens!
Schwarzenegger, the most famous living Austrian, speaking Thursday in Vienna, also praises California for saving Diablo Canyon nuclear plant.
Incredible speech: Arnold Schwarzenegger slams Germany for closing nuclear plants while claiming a fossil fuel emergency to its citizens!
Schwarzenegger, the most famous living Austrian, speaking Thursday in Vienna, also praises California for saving Diablo Canyon nuclear plant.
South Korea plans to extend lifespan of 10 nuclear reactors to hit green goals
🇰🇷❤️☢️
↩️ Under the previous government, these reactors were to permanently halt over next 5 years
👉 Reactors must get safety checks/approvals to run beyond planned lifespan
https://t.co/Tsa4tdwCKJ
CANADA JOINS PLEDGE TO TRIPLE NUCLEAR CAPACITY BY 2030.
At COP28 we have joined 22 countries including the USA, France & the UK in this unprecedented move.
We’ve come a long way from COP26 where I confronted Canada’s Minister of the Environment and former Greenpeace activist @s_guilbeault over his antinuclear stance.
Since then Canada has included nuclear in its Green Bond and Clean Technology Investment Tax Credits, provided 1 billion in funding for the west’s first grid scale SMR and committed to 6000MW of new large and small nuclear in Ontario.
Its been a dizzying turn of events but the hard work is only beginning. Now that we have a common-sense policy environment we’ve got to meet the very real challenges of building this future nuclear fleet.
Many questions remain. Will Canada leverage its own national reactor technology, CANDU, with its energy security and local economic development benefits or will we give up our tier one nuclear status by developing a smorgasbord of non-Canadian technologies which tie us into foreign enriched Uranium and limit our export opportunities?
Now that we’ve banished antinuclear ideology from our decision making we’ve got to get serious about a mature industrial policy that works for the national interest.
Austria's anti #nuclear insanity hits record low....
Extract from this week's Competitiveness Council:
Austria asking that Member States who are strongly opposed to nuclear should not have to meet such stringent CO2 reductions as those who do use nuclear....
Chris Keefer @Dr_Keefer president of Canadians for Nuclear Energy @CanadiansEnergy was in Pickering and is seen here being thanked by the union workers whose futures are affected by the Nuclear builds and refurbishments.
@jessefreeston took these photos, and made these comments:
"Those who dance are considered crazy by those who can’t hear the music."
My boy Chris has been dancing (mostly) alone for years. Today everyone else started hearing the music.
I’ve watched him be called an industry shill dozens of times. If only they’d seen all the times that that industry he was supposedly shilling for was telling him he was crazy, that his mission (to save a nuclear plant from closure) was futile and that he was better to stop.
That’s why I was sent floating watching/filming my brother have his moment in the sun today as the government announced the extension of the Pickering nuclear plant as well as a study into a refurbishment that would give it decades more. As soon as the politicians finished their press conference, all the journalists turned around to interview Chris and he explained that every year Pickering keeps running saves Earth’s atmosphere the CO2 equivalent of 8 million transatlantic flights. Not to mention the 7500 jobs that depend on the plant.
We hung around for an hour after the press conference as workers kept coming by to thank Chris: “they tell me you’re the one that got this done.”
I never thought I would feel so much at such an industrial event. But at some point all those numbers: emissions, smog days, jobs and the rest of it…it gets human. Love this guy for his commitment to the dance. @CanadiansEnergy@Cadlam@TomHess@E_R_Sepulveda@ScottLuft@SteveAplin@SavePickering@opg@SNCLavalin@kurtstoll_CAN@AlbertaNuclear@WhytockSheila@Bruce_Power@MoltexEnergy@TerrestrialMSR
The carbon tax is all the incentive for innovation you need: by finding ways to reduce your carbon emissions you save on the tax, and the more you reduce the more you save.
That’s better than subsidies because a) it applies to any innovation, not just the ones it occurs …