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Ontario Power Generation can’t afford nuclear clean-up costs

One more nuclear risk – the dwindling value of cleanup funds  One more risk of nuclear power: Ontario Power Generation recorded a third-quarter loss because of a sharp decline in the value of funds set aside for nuclear clean-ups…..

 funds set aside for future nuclear plant de-commissioning and for nuclear waste treatment performed poorly, recording a loss of $16 million, compared with gains of $287 million a year earlier.

November 19, 2011 - Posted by | business and costs, Canada

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