MoneyWeek

The return of nuclear power

What’s happened?

The very modest success of the COP26 climate summit (see page 12) has refocused attention on the role of nuclear power as an almost zero-carbon, reliable source of non-intermittent energy that could prove crucial to meeting net-zero targets. “Nuclear power is the only carbon-free source that can deliver round-the-clock power, on demand, almost anywhere,” says the Financial Times. Wind and solar are expanding fast, but nowhere near fast enough to take up the slack from fossil fuels. That means that nuclear will remain vital, at least as a transitional energy source and very conceivably in the long

You’re reading a preview, subscribe to read more.

More from MoneyWeek

MoneyWeek2 min readIntelligence (AI) & Semantics
The Top Companies Powering Progress And Productivity In Technology
The Liontrust Global Technology Fund invests in technology companies that create huge value for customers by driving down costs and prices and boosting productivity. When companies do this they create demand, develop products further and grow the ove
MoneyWeek2 min read
Short Positions... Investors Bolster Their Defences
■ European investors are increasingly putting their money into exchange-traded funds (ETFs) tracking the defence sector, says the Financial Times. The three available ETFs had net inflows of $189m by 22 April, putting them on track to match the recor
MoneyWeek1 min read
IPO Watch
Etihad Airways, the Abu Dhabi-based carrier of the United Arab Emirates, has selected several investment banks to help it launch an initial public offering (IPO) that could raise up to $1bn, says Bloomberg. The Abu Dhabi investment fund ADQ, which ow

Related Books & Audiobooks