The Caucus focus as decided by its members will be to stop public funding for modular nuclear reactors ($55 million federal and $30 million New Brunswick funding to date), on which their development is dependent. Caucus members believe stopping the development of MNRs is critical to New Brunswick’s sustainable climate action:

  • Funding toward MNRs development takes away from the funding needed for the urgent implementation of genuine climate action - energy efficiency measures, plus renewable clean energy sources - which do not leave a millennial legacy of radioactive waste.
  • The cost of energy from MNRs, when and if developed, is projected to be much higher than that of renewable power generation.
  • Electricity production from these MNRS will not be available before 2030 at least, and hence too late to help meet carbon emissions reduction targets to keep global warming below 1.5 degrees C.
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