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Nervous on Nuclear or Dithering on a New Economy?

   
     May 2011

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The Globe’s May 31st 2011 centre spread article “Getting Nervous about Nuclear” by Shawn McCarthy & Richard Blackwell responds to Germany’s decision to abandon nuclear power. Sadly, the article badly misses the point and it in-effect endorses Ontario’s cowardly decision to stick with unreliable, dangerous, unnecessary, nuclear energy.  Nuclear energy, as the Globe’s pages previously confessed this Spring, is a sink hole for public funds, requires legislated liability limits and is a producer of environmentally undesirable long lived radiating waste which cannot be stored safely. Yet Germany’s decision was as much about moving into a new economy.

The Globe article notes Germany’s decision to shut down all nuclear plants by 2022 reverses an earlier decision in wake of what has now become “the Fukushima melt down.” The article notes the Green Party is important in Germany. But this was not the Green Party speaking. Also, the article does not mention Chancellor Merkel’s points about alternatives to nuclear energy offering possibilities both of replacing nuclear and creating jobs and new technologies for Germany. This is not speculation. Germany has had a decade of economic experience promoting sustainable energy expansion with surprisingly good economic results so far. (See chapter in David Suzuki & Holly Dressel, More Good News: Real Solutions to the Global Eco-Crisis 2010.) The article failed to point out that Switzerland followed Germany on May 25, 2011. What the article does note is that the potential for renewable wind energy is better in Ontario than in Germany.

The Globe article reports the industry as pointing out that Fukushima was 40 yrs old and not built for extreme emergencies. New reactors have safety features not in Fukushima. Ontario Power Generation Corp is quoted as reporting that there were no significant safety issues. Greenpeace notes the world’s first nuclear accident was in Canada, 1952, at AECL’s Chalk River laboratories. Also, a Greenpeace 2008 report was highly critical of the latest CANDU 6 reactor on safety and security issues. So the industry views are self serving.

On the impact to climate change, the article maintains “most government and industry experts” have concluded that nuclear energy is a critical component of the effort to reduce CO2 emissions. Not surprising that big industry should be wary of the development of a new crowd of green energy industries challenging oil and gas interests and generally seeking a share of the tax breaks which boost corporate profits. But is nuclear really a “critical component”? Surely it is in the public interest to give a new economy which promises new jobs and a greener future a chance? On this, the Globe article gives mixed reports on whether “renewable” can replace nuclear. Yet the green power industry takes that for granted. Greenpeace has done major studies showing how renewable energy can be phased in as a central component.

A Globe insert in May carrying an article from the May issue of Harris Backbone Magazine gives startling facts about the status quo:

If every car in North America got the same fuel efficiency as a Toyota Prius, there would be no need to import any oil into North America, no need to drill for oil in the Gulf of Mexico and no need to drill in the Arctic.

More than half a trillion dollars is spent annually subsidizing oil and gas companies worldwide, according to Fatih Birol, the International Energy Agency’s chief economist. Of the top 20 most profitable companies worldwide in 2009, seven were oil companies, and their cumulative profit was equal to the profit of the other 13 combined, according to numbers from Fortune magazine.

A McKinsey & Company study shows that cutting carbon is highly profitable: 40 per cent of North American carbon cuts required to meet the Kyoto Protocol targets would generate a profit and, if that profit were reinvested in the next least-cost options, we’d get all the way to the Kyoto goals at no cost to society.

Two-thirds of the energy from coal, gas and nuclear power generation in North America is wasted in the form of heat vented up smoke stacks and cooling towers. By contrast, combined heat and power (CHP) or co-generation increases system efficiency from 33 to 90 per cent by using the “waste” energy to heat buildings or homes, or is stored at high temperature underground. Denmark obtains 55 per cent of its energy from cogeneration and waste heat recovery, the highest installation of CHP worldwide.

The Globe article ends with critics of the German decision (and now the Swiss decision) and a cynical quote from Sweden’s environment minister – that Germany will turn to coal and imports of French electricity from nuclear power. That’s not my conclusion.

The issue is whether we shift to the new generation of green technology or whether we keep wasting public money on tax breaks which boost oil industry profits or on the money sink hole trying to fix up dangerous old nuclear technology. German already produced 10% of its energy needs from renewable energy sources over a 10 year period with economic benefits to boot.



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