Nuclear the Ethanol of 2017, Investment Bank Says

Source:

JP Morgan’s report, Trading Climate Change, suggests that within the next decade nuclear energy will be at the top of the world’s agenda, with the resurgence of nuclear a key element both in the drive to reduce carbon emissions from power generation and to develop zero-emission hydrogen-fuelled transport.

Chris Rogers, utilities analyst at JP Morgan, believes that nuclear energy will be key to a zero-greenhouse gas hydrogen economy and that, if they want to be part of it, oil companies will have few options other than embracing nuclear power.

JP Morgan’s report, Trading Climate Change, suggests that within the next decade nuclear energy will be at the top of the world’s agenda, with the resurgence of nuclear a key element both in the drive to reduce carbon emissions from power generation and to develop zero-emission hydrogen-fuelled transport. In fact, the report envisages nuclear energy’s contribution to vehicle fuel services in 10 years’ time to be as important as ethanol is today.

Related Articles

Get Our Streetwise Reports Newsletter Free

A valid email address is required to subscribe