Why Canada could become the next nuclear energy 'superpower'

Quick Summary:

With its rich resources, uranium mining companies want Canada to play a key role in fuelling nuclear reactors worldwide.

At this year's COP29, the focus has been on ramping up funding for nuclear projects in the wake of a recent UN report indicating that current policies and investments fall short of what is needed to slow global temperature rise.

For Mr Curyer, it is crucial that his project and others are realised in the next four years, for both Canada and the world.“Otherwise, there is going to be a shortage in uranium, and that will subsequently impact power prices,” he said.

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Article Details

Category: Business

Markets: United KingdomAustraliaAzerbaijanCanadaChinaJapanKazakhstanUkraine

Topics: Climate Power Years World Mining Canada Uranium Nuclear Fuel Reactors Energy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 00:09:24 (11 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 1421 words

Reading Time: 8 minutes read

Sentences: 58 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 23577560

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Official Website: bbc.co.uk

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