Nuclear power is experiencing a revival due to growing concerns about climate change. The nuclear industry has reinvented itself as an environmentally friendly option, producing electricity without the air pollution and greenhouse gas emissions of coal, oil or gas.
But a closer look reveals nuclear power is neither an environmentally or financially viable option. Nuclear power creates radioactive waste for which there is no accepted method of safely managing or storing. It is also prohibitively expensive. The last plant constructed in Ontario, Darlington, was budgeted at $3.4 billion but ended up costing $15 billion when it was finally completed in the mid-1980s.
