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Cameco Corp
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Close 2022-11-16 C$ 31.97
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Globe says Cameco, rival hear nuclear is where it's at

2022-11-17 07:36 ET - In the News

Also In the News (C-DML) Denison Mines Corp

The Globe and Mail reports in its Thursday edition that the time is nigh advancing nuclear energy to resolve the near-existential threat posed by climate change to our collective well-being. The Globe's guest columnist Jatin Nathwani writes that eliminating fossil fuel emissions requires a fundamental reboot of the global energy system. Global warming is the most compelling threat staring us in the face to get to an energy system not dependent on fossil fuels. Nuclear energy is one answer. It is a safe and proven source of energy that currently displaces more than two billion tonnes of carbon-dioxide emissions globally, equivalent to taking 500 million cars (or half of the world's passenger vehicles) off the road. Nuclear is a zero-carbon source of energy during production and on a life cycle basis. It is at the lowest end of the spectrum of energy supply options such as hydro, wind and solar, and 100 times lower than coal per unit of useful energy. The density of nuclear power as an energy source means its environmental land use need is substantially lower than any of the other noncarbon sources of energy, and it makes a positive contribution to nine of the 17 United Nations' sustainable development goals.

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