Nuclear energy supporters including politicians and activists sought to polish the industry's spotty image on Wednesday, using the COP27 climate summit in Egypt to argue that atomic power offers a safe and cost-efficient way to decarbonize the world.
Rising concerns about the swift pace of climate change and tight power supplies around the globe havesome policy makers view of nuclear energy, an industry that has struggled for years to draw investment because of worries about safety, radioactive waste, and huge costs for building a reactor.
"When you talk about nuclear, you're talking about a confirmed energy producer which is not part of the problem, but rather part of the solution," IAEA Director General Rafael Mariano Grossi told Reuters in an interview.U.S. Special Climate Envoy John Kerry, meanwhile, pumped up the industry on Tuesday at a news conference at the summit announcing the U.S. Export-Import Bank 's formal interest in providing $3 billion in financial support for a nuclear plant in Romania.
The United States has already earmarked billions of dollars toward keeping existing nuclear power plants open as part of a broader strategy to decarbonize the economy and is hoping to encourageThe nuclear power industry has had trouble raising money in recent years, having taken a huge public relations hit following the 2011 reactor meltdown at the Fukushima power plant in Japan.
He added he was in the midst of "very complex" negotiations with Russia and Ukraine over a proposed no-combat zone around the plant and hoped for an agreement soon.
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