Last month the Canadian federal government announced it was going to privatize Atomic Energy Canada Limited (AECL). The medical isotope part of the business would be separated from power reactors. The feds hoped that this would thereby ease Ontario’s troubled mind as the province, in the middle of finalizing its choice of a vendor...
Monthly Archives: June 2009
U.S. climate bill set for vote: watch and learn, Canada
Professional climate policy wonks are watching the spectacle south of the Canada-U.S. border, where a House bill on climate change will receive its first major political test Friday. Political wrangling over what industries get covered (or hit, depending on your perspective), and how they are covered (or hit) has virtually ensured that the bill...
Canadian carbon offsets: opportunities and problems
Four years ago, I participated in an Environment Canada consultation on creating an offset system for greenhouse gas reductions. My aim was to see that nuclear power projects qualified under the proposed system. If emitters were able to buy down their emissions with nuclear offsets, this would represent a non-government way of financing nuclear...
AECL purchase decision depends on Ontario outcome, Areva executive hints
Would Areva, the French nuclear company, buy the power reactor part of Atomic Energy Canada Limited if AECL wins the Ontario reactor competition? I put this question to Jacques Besnainou, president of Areva North America, in a conference call yesterday. The Canadian government decision to sell AECL came as a surprise, was his diplomatic reply. “So...
Canadian government spending on climate change: $3.2 billion and counting
A note attached to documents left behind at the CTV studio in Ottawa may hint at the dollar figure the federal government will pitch, or has already pitched, to Ontario to sweeten the province’s incentive to buy Canadian in its nuclear reactor competition. The figure: roughly $538 million. i.e., the same amount that former...
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