Someone recently asked me why I joined LOBREC. I thought I would post my answer here.
It is simple. I have 3 grandchildren. Ok, perhaps its not that simple. Let me explain my thinking. It boils down to energy cost and the environment.
First, let me deal with the energy cost issue. In Ontario we are still hanging our hat heavily on Nuclear energy. Ontario hydro users have paid approximately $19B of Stranded Debt from cost overruns of current Nuclear reactors and there is another $14B yet to pay. Estimates to rebuild Darlington are currently running up to $.37 per Kwh. Given our history of overruns of up to 2.5 x budget, you can see where this could go, and we still have no reliable estimates of the cost of safe storage of the spent fuel. Solar energy is in the order of $.5 per Kwh today and coming down fast, and wind is lower. I don’t want to gamble the financial future of my grandchildren on Nuclear.
Next is the environment. We have done terrible things to this planet, the only home for the human race. For example, we have created vast waste lands in the Alberta Tar Sands. This is non-renewable and we have no history of being able to restore the natural environment. We still don’t know how to extract gas from Fracking without polluting fresh water supplies, and fracking is linked to increased earthquake activity….not good for those buried Nuclear fuels, and the use of coal, oil and gas is heavily linked to air pollution, which is contributing to dramatic weather changes. We have no way of knowing how we can mitigate this pollution enough to make the earth a safe place to live.
So the story is quite simple after all. I joined LOBREC because I have 3 grandchildren. Do you have grandchildren?
Rick Zytaruk, LOBREC board member.