You can definitely call it a comeback: Nuclear power is back in vogue.
Canada-based Cameco and Brookfield Asset Management’s renewables division have buddied up to buy nuclear company Westinghouse Electric for US$7.9 billion amid a global frenzy to find climate-friendly alternatives to Russian energy, per The Wall Street Journal.
Big battles over energy policy aren’t just for Western Canada anymore. Environmental groups are gearing up to fight plans to build new energy infrastructure on the East Coast that would export liquefied natural gas (LNG) from Canada to Europe.
What happened: Major environmental campaigners, including the Sierra Club and Greenpeace, launched the “StopTheGas” coalition last week to oppose LNG projects on the East Coast.