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Debbie Carlson writes in MarketWatch on how some big investors are backing nuclear energy, a potential savior to the energy crisis gripping the world.
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- The energy crunch that has been seen around the world has reiterated the importance of reliable and affordable energy in broader climate goals.
- Investors including Bill Gates and Warren Buffet are investing in next generation innovations for our largest source of carbon free energy, nuclear power.
- Next generation nuclear energy will need a smaller land footprint than current light water reactors require and will offer innovative safety and fuel features.
- The private sector is producing the durable solutions that we need to reduce emissions and provide reliable power.
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“However, in a time of climate triage, nuclear energy is getting a renewed look. The best-known example is Bill Gates’ advanced nuclear reactor company TerraPower, which teamed up with GE-Hitachi Nuclear Energy and Berkshire Hathaway’s BRK.B, 0.44% power company, PacifiCorp, to eventually build a next-generation small nuclear reactor using new fuel technology.”
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Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
