How the war in Ukraine and climate change are shaping the nuclear industry

General News

Summary

"Coal and other fossil fuels are choking humanity," U.N. Secretary-General António Guterres said on Monday after the U.N.s Intergovernmental Panel on Climate Change released its most recent report. "We are issuing a warning, no country has ever shot at nuclear blocks except for Russia," Ukraines President Volodymyr Zelenskyy said in a video statement, according to a translation. Later on Friday, the International Atomic Energy Agency (IAEA) reported that the nuclear power plant continued to be operated and there had been no release of radioactive material. As Russia and China have risen to prominence, the United States has lost "the muscle memory" to build conventional nuclear reactors, Luongo said. Most of the resurgence in interest in nuclear energy is driven by concerns about climate change and often appears the strongest in states where coal economies are closing down.

Classifications

industries
Fintech & Banking
applications
AI & Machine learning

AskAI Classifications

Labels
No AI classifications detected

Linked Companies