Israeli spy station in Turkey aimed at Iran; the Gaza aid flotilla; and China benefits from Iran sanctions
| June 8, 2010Reactor relief
Chalk this up as one of those big "I told you so" moments for the anti-nuke lobby and a symbol of the shifting power dynamics in energy politics unfolding on both sides of the border.
Energy Minister George Smitherman announced on June 29 that the cost of building two new reactors at Darlington was officially billions too high to consider without a federal bailout.
That was bad news for the troubled Atomic Energy of Canada Limited, which had "won" the bidding process, and for nuclear stakeholders around the world whose various problem children (numerous other cancelled projects and cost overruns) are also garnering less than glowing investment ratings in the new global credit environment.