The Chonkerton

Canadian Nuclear Emancipation: Canada's role amidst global dreams of energy security and nuclear development

tech

Per LessWrong, Canada is positioning itself as a major player in global nuclear markets. The country produces nearly a quarter of the world's uranium exports—second only to one other nation—and has sold advanced CANDU reactors to China, India, and South Korea. Canada is also the first Group of Seven nation to develop and export small modular reactors, a newer, lower-cost nuclear technology gaining traction globally. Domestically, the nuclear sector employs over eighty-nine thousand people and contributes twenty-two billion dollars annually to Canada's economy. As countries pursue net-zero emission targets and seek energy security alternatives, the world has committed to tripling nuclear capacity by twenty fifty—a goal set at a twenty twenty-three United Nations climate conference. Notably, many of Canada's European allies currently rely on Russia as their sole supplier of nuclear fuel, creating a potential market opportunity for Canadian exports.

Source: https://www.lesswrong.com/posts/YtuPGcZxTsABopndR/canadia...

Listen to this story

Hear this and more stories in a personalized audio briefing.

Open The Chonkerton