In its September throne speech, the federal government signalled its intention to fund the development of new nuclear reactors (SMRs) as part of its climate action plan.
Today, the government made its first SMR funding announcement: $20 million from ISED's Strategic Innovation Fund for the company Terrestrial Energy to develop its prototype SMR in Ontario.
Anyone interested in evidence-based policy is wondering: Why are they doing this? There is no evidence that nuclear power will achieve carbon reduction targets, while there is considerable research indicating the contrary.
