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Saturday
Nov262011

Many tens of billions of dollars of nuclear costs for Canadian taxpayers and ratepayers

Pat McNamara's Nuclear Genocide in Canada includes numerous examples of the massive costs of nuclear power for ratepayers and taxpayers in that country, including cost for replacement electricity during long duration safety related shutdowns at large atomic reactors, cost overruns for building new reactors, exorbitant costs for "refurbishing" reactors just 20 years old, as well as decommissioning costs for which the nuclear utility was supposed to set aside funding, but simply didn't. Altogether, Canadian public subsidies for propping up the nuclear power industry will costs taxpayers and ratepayers many tens of billions of dollars.

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