The United States Joins Multinational Declaration to Triple Nuclear ... - Department of State
The United States Joins Multinational Declaration to Triple Nuclear Energy Capacity by 2050 to Support Global Climate and Energy Security Goals - United States Department of State
Today, U.S. Special Presidential Envoy for Climate John Kerry joined leaders and ministers from four continents to announce the Declaration to Triple Nuclear Energy at the U.N. Climate Change Conference in Dubai, United Arab Emirates (COP28). The Declaration recognizes the key role of nuclear energy in achieving global net-zero greenhouse gas emissions by 2050 and keeping the 1.5-degree Celsius goal within reach. The Declaration also highlights the need for secure supply chains and encourages shareholders of the World Bank, international financial institutions, and regional development banks to include nuclear energy in their lending policies. Endorsing countries include Bulgaria, Canada, Czech Republic, Finland, France, Ghana, Hungary, Japan, Moldova, Mongolia, Morocco, The Netherlands, Poland, Republic of Korea, Romania, Slovakia, Slovenia, Sweden, Ukraine, United Arab Emirates, United Kingdom, and the United States.
Related Knowledge Center: ENERGY BASICS: nuclear
Nuclear energy provides almost 20 percent of the U.S. electricity supply. Advocates have called for an expanded role for nuclear as an emissions-free fuel source. But the economics of building new reactors are daunting. In addition, lingering safety concerns are an institutionalized part of the calculation of nuclear regulation, and highly radioactive nuclear waste remains a can that public officials have been inclined to kick down the road. The Energy Information Administration projects a sharp decline in nuclear power generation over the next decade, as new nuclear plants — two are planned — are more than offset by anticipated retirements of several operating reactors.