Ryan Stancil,
Editor
Nov. 26, 2021
It’s becoming harder to ignore the fact that nuclear power is the only way forward. This was something Europe learned earlier this week.
On Monday, the United Nations Economic Commission for Europe (UNECE) released a new report that looked at the carbon produced by all technologies. The report suggested that nuclear power generates less carbon dioxide emissions over its lifetime than any other source of electricity.
Advocates for nuclear power have known this for a while. Now, having an official report stating it makes it impossible for detractors to ignore. The report points out that nuclear power emissions are lower than not just gas and goal, but wind and solar as well.
On top of that, nuclear generation has a lower land use over its life cycle. It also requires fewer minerals than other clean technologies. This helps further cement the case that nuclear power is something that just makes sense in a world where nations are fighting against the effects of climate change.
The timing of this report couldn’t be better, as it comes along the heels of another recent development on the European continent.
There was a recent study in Britain that found that the emissions of its two newest nuclear projects would be the lowest of any plant in British history.
Hinkley Point C, which is under construction, and Sizewell C, which is proposed, would have emissions far lower than what would be generated by wind and large-scale solar energy. The numbers would come in at around 5.5 grams of C02 equivalent for the two plants. That’s compared to 12g for wind and 48g for solar.
These are all far lower than coal at 820g and gas at 490g, but not many people know just how much cleaner nuclear power generation is compared to other green sources.
Now that the UN is spelling out the benefits, more nations will look at making the switch.
Remember, the COP26 conference just wrapped up a few weeks ago. During the series of meetings, world leaders committed to making changes to reduce emissions. There was a sense of urgency marked by countries being specific about their climate change-related goals and commitments. New deals were signed. Pledges were made to move away from coal, reverse deforestation, and increase reliance on renewables.
Getting everyone on the same page was never going to be easy and there is still a long way to go. Still, the fact that we see reports like what the UN just released related to Europe is making the clean energy future clear.
As the world moves toward that future, the investment opportunities that it will bring will begin revealing themselves.
We already see it happening here in the U.S. as the country continues its move toward reaching its goals in fighting climate change.
As you know, the president’s infrastructure plan became law recently. That means a lot of money is going to pour into projects to revive existing nuclear power plants and get new ones up. But those plants won’t be able to do anything without the uranium needed to make that power.
And there aren’t many places they can get that uranium from.
That’s why one little-known company is set to do very well over the next few decades.
Once nuclear power adoption becomes more widespread, utilities will be flocking to this company for the stockpile of uranium it sits on. When that happens, you’re going to see that company become a household name in the space.
Not many investors know about it now, but that’s going to change. If you don’t want to be left behind on this profit-making play, you can learn all of the details in this new report.
Keep your eyes open,
Ryan Stancil
Editor, Daily Profit Cycle