At COP27, nuclear power industry vies for bigger role in decarbonizing planet – Reuters

At COP27, nuclear power industry vies for bigger role in decarbonizing planet – Reuters

SHARM EL-SHEIKH, Egypt, Nov 9 (Reuters) - 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 have softened some 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.

The International Atomic Energy Agency, an intergovernmental organization that seeks to promote nuclear power, opened an exhibit at the U.N. climate gathering of global leaders in Egypt – its first time doing so in 27 years of the annual international climate negotiations. The showcase expounded the technology's potential in the fight against climate change.