COP28: Canada, dozens of countries embracing nuclear power

Nuclear power is being recognized as an important part of the global renewable energy transition, according to an industry CEO who says world leaders appear more open to the technology than ever before.

Canada was among a group of 20 nations including the U.S. and the U.K. that announced an agreement to triple nuclear energy capacity by 2050 at the United Nations’ COP28 climate conference in Dubai. 

Seth Grae, CEO of American nuclear fuel tech development company Lightbridge, told BNN Bloomberg nuclear power discussions are being “celebrated” at this year’s conference, after simply being “tolerated” at past meetings.

“World leaders are speaking at nuclear events, and countries are coming together to promote nuclear power,” he said in a Thursday television interview from the United Arab Emirates.