Silicon carbide has enjoyed both fundamental study and practical application since the early days of nuclear materials science. In the past decade, with the increased interest in increasing efficiency, solving the real issues of waste disposal, and the constant mission to improve safety of nuclear reactors, silicon carbide has become even more attractive. The purpose of this paper is to discuss recent research that not only strives to understand the remarkable radiation stability of this material, but also the practical application of silicon carbide as waste form and for fission and fusion power applications.