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US, UK Lead Pledge to Triple Nuclear Power by 2050 at COP28

John Ainger, Rachel Morison, and Akshat Rathi of Bloomberg report that the U.S. and U.K. are pledging to triple nuclear power by 2050.

The C3 Take
  • The declaration from the U.S. and U.K. will call on the World Bank and other international financial firms to include nuclear power in their lending strategies.
  • Nuclear energy is the safest, cleanest, and most reliable power source available.
  • To reduce emissions, the world must embrace nuclear power.

“The declaration is the latest sign of shifting sentiment toward nuclear power, which doesn’t produce carbon dioxide emissions, but has often been criticized over the waste it generates, the cost of building plants and potential security issues. Support has gained traction especially as clean back-up for renewable energy sources such as wind and solar. The countries will also commit to new technologies, such as small modular reactors.”

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.

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