Nuclear Power Supported in New Report Released at the World Economic Forum (WEF)
WEF report states that “Nuclear technology has a number of attractions in an era of uncertainty.”
WASHINGTON, D.C., January 24, 2008 – A new report released in Davos, ‘Global Risks 2008,’ proposes the world’s first ‘nuclear fuel insurance fund’, which would guarantee supplies and discourage the spread of enrichment facilities by creating a partnership between financial industries and governments.
CASEnergy co-chair Dr. Patrick Moore said today that he’s, “encouraged by the discussion of nuclear from top business executives, political leaders, and nongovernmental organizations from around the world. The only way to meet challenges of climate change is through collaboration and innovation at a global level.“
In a session today entitled, “Nuclear Energy vs. Non-Proliferation,” WEF participants agreed that nuclear power’s benefits include, “CO2-free power generation, reliable power generation, and low per-unit direct cost to consumers.”
CASEnergy co-chairs urge WEF participants to acknowledge that global benefits of nuclear power, energy security, and diversification from fossil-fuels can be balanced with the risks. Nuclear energy is one of the cleanest ways to meet rising energy demand worldwide, and is a vital part of any discussions about energy solutions at a global or national level.
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To learn more about the ‘nuclear fuel insurance fund’ proposed at the World Economic Forum, please view the report here.