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Category Archives: Nuclear Economics
Completing the Cernavoda-2 Reactor: A Bad Risk for Canada
(March 1, 1999) Twenty-five years ago, the former Ceaucescu regime had plans for 15 to 20 CANDU reactors. However, forced labour was used on the Cernavoda nuclear station, and faulty construction and manufacturing were widespread. After Ceaucescu was deposed in 1989, much of the nuclear infrastructure in Romania was dissolved, and only one reactor was completed. The first CANDU reactor at Cernavoda went into operation in December 1996 — about 20 years after the first agreement betweeen Canada and Romania was signed. Continue reading
Costly cleanup could sink industry
(February 20, 1999) Canada’s nuclear industry risks running short of cash for the $11-billion job of disposing of its nuclear waste, a federal cabinet memo says. Continue reading
Hold the extras
(October 1, 1998) “My train reached the Danube at Cernavoda, a name that sounds ominously similar to Chernobyl. Here, in one of the world’s most unstable earthquake zones, Ceausescu had decided to build Romania’s first power station.” Continue reading
Candu ‘owners’ club’ to fold
(July 31, 1998) TORONTO — An exclusive organization that promotes Candu nuclear reactors abroad and provides safety and technical advice to the people who run them is being dismantled. Continue reading
Posted in Nuclear Economics, Nuclear Plant Security, Nuclear Power, Towards Shutdown
Tagged nuclear costs
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Nuclear suppliers don’t need Candus
(July 11, 1998) The Canadian Press / Critics of Canada’s nuclear industry says the sale of Candu reactors, such as the one above, to foreign countries does more harm than good to Canadians because such sales are heavily subsidized by Canada. Continue reading
Documents show federal role in Candu sales
(June 11, 1998) Lawsuit contends government dodged environmental rules on China contracts. Continue reading
Posted in Nuclear Economics, Nuclear Plant Security, Nuclear Power, Towards Shutdown
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No wrongdoing in sale of reactors, says minister
(June 9, 1998) Candu deals in China, South Asia under attack in Commons. Federal government ministers rejected allegations yesterday of wrongdoing in nuclear reactor sales to China and of Canadian complicity in the militarization of nuclear capability in India and Pakistan. Continue reading
Posted in Nuclear Economics, Nuclear Plant Security, Nuclear Power, Towards Shutdown
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Cabinet rubber-stamped nuclear deal
(June 8, 1998) How Martin, Eggleton signed $1.5-billion China loan guarantee without review of contract. Finance Minister Paul Martin signed a $1.5-billion federal loan guarantee for a Candu reactor sale to China without him or his department reviewing the export contract or financing agreements. Continue reading
Posted in Nuclear Economics, Nuclear Plant Security, Nuclear Power, Towards Shutdown
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Information-czar candidate under attack: Ex-MP once worked for nuclear association
(June 4, 1998) John Reid, a former Liberal cabinet minister, will be interviewed by a panel of MPs today for the job of federal information commissioner. Continue reading
Posted in Nuclear Economics, Nuclear Plant Security, Nuclear Power, Towards Shutdown
Tagged nuclear costs
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CANDU or CANDON’T: Competing values behind Canada’s nuclear sales
(April 1, 1998) Duane Bratt is a lecturer in the Department of Economics and Political Science at Mount RoyalCollege (Calgary, Alberta, Canada). He has written several articles and newspaper editorials on Canada’s nuclear policy, including “Is Business Booming? Canada’s Nuclear Reactor Export Policy,” International Journal (Summer 1996) and “The Future of CANDU Exports,” Canadian Institute of Strategic Studies’ Strategic Datalink (October 1997). Continue reading
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