In September 2024, banks from the US to Asia signed a joint declaration regarding their support for the construction of nuclear power plants. The signatories included Abu Dhabi Commercial Bank, Ares Management, Bank of America, Barclays, BNP Paribas, Brookfield, Citi, Credit Agricole CIB, Goldman Sachs, Guggenheim Securities, Morgan Stanley, Rothschild & Co, Serga Capital Management, and Societe Generale.
The contribution of banks comes one year after 22 countries and 120 companies signed a joint declaration at the COP28 summit in Dubai to triple nuclear capacity by 2050 as part of efforts to limit greenhouse gases…
This is how a Reuters report began on October 7, and we are sure that the “return” of nuclear energy (which is already considered “green”) did not even receive the publicity that another presidential fool’s blunder received, about sharks and plastic straws… It turns out, however, (another) a “sprinkled” opinion that we have been expressing here for years, that all the fuss about “climate change” and about “cursed hydrocarbons” aims (also) at the re-legitimization of nuclear energy. Which, especially after Fukushima, has suffered a serious blow.
Nuclear power plants, even the so-called “small modular nuclear reactors” are large fixed capital investments – and their construction takes several years. Various large server companies (e.g. Google) have already announced that they will build “small nuclear reactors” for private use. But beyond the re-commercialization of a technology with a heavy criminal record, the problem is that there is a serious, very serious possibility that this re-commercialization will be accepted as “salvation”!
If you haven’t noticed, the “energy crises” (which require capitalist salvation) have already begun…