“At the end of the day, that’s still counting on the market … to build out these industries and then hoping the benefits trickle down to workers and to communities and to people,” he said. But Mertins-Kirkwood stressed the crux of the issue is time. “If we had 100 years to decarbonize, I’d say it’s better to take it slow and let the market figure it out, but every month counts right now.”
Since the mid-1980s, the 25 largest oil and gas companies around the world have fought climate policies tooth and nail, making US$30 trillion in the process, according to a study published Thursday.
Nuclear proliferation experts are warning that 50 years of policy designed to limit the spread of nuclear weapons is unravelling as governments invest in certain small modular reactors that could be misused to build bombs.
The concerns are aimed at Moltex, a Saint John, N.B., nuclear startup building small modular reactors (SMRs) that will be powered with spent fuel from CANDU reactors. To make the fuel, Moltex plans to separate plutonium from uranium in CANDU waste and use the extracted plutonium to power new SMRs.
