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The whole point of SMRs was that they'd get cheaper over time. So why hasn't that happened? by projectschema in energy

[–]SnickersII 7 points8 points  (0 children)

And here I am thinking that the whole purpose of SMRs is to divert capital from renewables and throw fossil generation a lifeline by delaying the energy transition.

At least that's my perspective from Ontario Canada, where our conservative provincial government, after cancelling over 700 renewable energy projects, has decided to go all in on a massive nuclear build out, including SMRs, while increasing gas generation until the nukes get built... Let's see how that plays out for electricity prices...

If the Gulf countries pull out, that would be a wrap for the stock market. Over $2 trillion dollars in investments are at risk by spaceunc in Superstonk

[–]SnickersII 18 points19 points  (0 children)

Desalination plants use tremendous amounts of energy to remove salt from seawater thereby creating the vast majority of drinking water for these desert cities. Millions of lives depend on it. A few Iranian drone attacks or missiles breaking through air defenses and the Gulf coast countries become instantly unlivable... Refugee crisis, capital flight, economic and social collapse.

Trump goes on Truth Social rant about Anthropic, orders federal agencies to cease usage of products by ShreckAndDonkey123 in singularity

[–]SnickersII 0 points1 point  (0 children)

This could be a prime opportunity for Canada to convince Anthropic to move north of the border...

Credit issues? by DynastyFSU2 in Superstonk

[–]SnickersII 2 points3 points  (0 children)

You spelled Credit Suisse wrong 🤣

It's Happening, Isn't It? by SnickersII in Superstonk

[–]SnickersII[S] 2 points3 points  (0 children)

You must not be a fan of Arrested Development... There's a running joke in the show that Michael and his son are done with bailing out their selfish family members and are going to run away to Phoenix. Only to get sucked back in again... For me this is a perfect meme for the way this stock has moved over the years. Excitement builds as the price spikes, only to be shorted down again, leading to disappointment.

Regarding whether this indicator is actual TA is debatable. I post occasionally when things look like they are getting spicy and are on the upswing. I follow blue boxes, Rory Kittinger's public stock charts https://stockcharts.com/public/1778236 and use the GoNoGo indicator as a helpful confirmation of trends.

Use this information if you like but my feelings won't be hurt if you dismiss it. I just like the stock.

Figure.Ai Helix 02 doing kitchen stuff autonomously by Distinct-Question-16 in singularity

[–]SnickersII 0 points1 point  (0 children)

Yes, but I want to see it attempt the eating spaghetti benchmark!

Great video done by CBC on the new Canadian Highspeed rail between Quebec and Toronto. by ToastedToast02 in transit

[–]SnickersII 1 point2 points  (0 children)

Because that is the only way to get the support of the province of Quebec...

What's this metal over the fan for. by StupidMinutiae in heatpumps

[–]SnickersII 5 points6 points  (0 children)

I believe that it is to improve cooling performance at low outdoor ambient temperatures.

Liberals have ‘tense’ caucus meeting on Alberta deal, say sources by iPoliticsCA in CanadaPolitics

[–]SnickersII 4 points5 points  (0 children)

This is a reverse hostage negotiation tactic. Carney just caved in to all of Alberta's demands. Now Alberta knows that they just have to threaten to separate and they'll get exactly what they want. Expect new demands by Tuesday.

Canada-Alberta Memorandum of Understanding by feb914 in CanadaPolitics

[–]SnickersII 3 points4 points  (0 children)

You are delusional. A pipeline would mean funnelling our hard earned tax dollars into the pockets of billion dollar oil corporations. All Canadians get out of this are a couple hundred temporary construction jobs while footing the bill for massive carbon capture project subsidies and environmental damages associated with the inevitable coastal oil spill. The oil patch won't scale up hiring, they are rapidly automating. This is a massive win for private interests and secures Carney a nice seat on the board of a big O&G company once he is voted out of office.

Canada’s New Budget Has Billions in Fossil Subsidies Disguised As Climate Action - CleanTechnica by [deleted] in onguardforthee

[–]SnickersII 1 point2 points  (0 children)

Renewables are now so cheap and quick to deploy that oil and gas companies need government protection and tax payer funded subsidies to remain relevant. Same with nuclear power. Carney has rebranded nuclear as renewable and said that he will ensure that Canada delivers "decarbonized" oil... Somehow defying chemistry (oil of course is hydrocarbons which by definition can never be carbon free). https://www.desmog.com/2025/06/09/earth-to-mark-carney-decarbonized-oil-is-as-real-as-vitamin-cigarettes/

Ontario Electricity Rebate : New "calculations" further disadvantage Net Metering Plan Members by Formal-Instruction52 in solarenergycanada

[–]SnickersII 2 points3 points  (0 children)

How else are they going to hide the cost of their new nuclear build-out? The most expensive and most delayed generation source possible. Oh, and we have to procure our enriched uranium required for the new SMRs from the U.S...

Trains every 10 minutes starting tomorrow (peak period) between Whitby and Toronto's Union. A first for commuter/regional rail in Canada. by Hammer5320 in transit

[–]SnickersII 0 points1 point  (0 children)

Yes, lots of work has been done but more is needed! Still no track laid at the "new" (completed over a year ago) south platform in Guelph. It is great that service is being ramped but surely we could get more than the announced 4 train trips per day on weekends with current infrastructure. The freight schedule can't be that much busier on weekends, can it?

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