Safety concerns linger amid pursuit of low-carbon future
Imperative for nations to have competent regulatory body to certify design of an imported nuclear reactor
Singapore
PROPONENTS of nuclear energy say it complements (instead of competes with) renewables, and is necessary for the world's nations to meet their obligations under the Paris climate change agreement. But safety concerns lingering from the Fukushima disaster in 2011 and increased costs are not helping the industry.
"Nuclear energy is necessary for a low-carbon future," said Sergey Kirienko, chief executive officer of Russian nuclear state-owned company Rosatom.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Shell maintains pace of buybacks as profit beats estimates
Gold prices drift higher as Fed stands pat on key interest rate
Oil falls to 7-week low on surprise US storage build, Middle East hopes
US, Philippines eye agreement to cut China nickel dominance
Oil eases on higher US crude output, hopes of Israel-Hamas ceasefire
Glencore now sees FY trading division profit between US$3 billion-US$3.5 billion