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    market news

    Ontario Urged to Ditch $13-billion Darlington Nuclear Rebuild

    Vivien Diniz
    Jan. 05, 2016 09:32AM PST
    Energy Investing

    The National Post reported that environmentalists are urging the Ontario government to abandon plans for a $13-billion refurbishment of four nuclear reactors

    The National Post reported that environmentalists are urging theĀ Ontario government to abandon plans for a $13-billion refurbishment of four nuclear reactors at the Darlington generating station east of Toronto and instead import more electricity from Quebec.
    According to the Ontario Clean Air Alliance’s Hack Gibbons:

    Every single nuclear project in Ontario’s history has gone massively over budget by two and a half times. OPG says this project will cost $12.9 billion, but if history repeats itself it will be $32 billion.

    Click here to view the full article.Ā 

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