nuclear-news

‘Spotlight on nuclear power’ – a questionable proposition

 With five days left at COP28, the jury is still out on whether this
year’s UN climate talks will achieve real progress to address climate
change. But one thing is clear: the spotlight is on nuclear power. The (so-called)
low-carbon fuel has received an unprecedented amount of attention at this
year’s gathering, with nearly two dozen countries including the US, UK,
and United Arab Emirates signing a declaration over the weekend to triple
nuclear energy by mid-century.

Whether the world can deliver on these
nuclear promises is questionable — the sector is notorious for high
construction costs and lengthy project timelines, not to mention hazardous
waste. Despite the hype around the fuel in recent years, global nuclear
power generation declined 4 per cent year over year in 2022 to its lowest
level in four decades, according to a new World Nuclear Industry report,
calling the COP28 target “highly unrealistic”.

 FT 7th Dec 2023

https://www.ft.com/content/bc486d67-8f92-46b3-9072-f0357d7f0336

December 9, 2023 - Posted by Christina Macpherson | climate change