Fund Managers Embrace Nuclear Energy for ESG Portfolios

Investment firms are increasingly considering nuclear energy stocks for their portfolios, including those marketed as environmentally friendly, despite past hesitations. This shift is driven by the recognition of nuclear energy`s role in reducing greenhouse gas emissions and meeting the growing energy demands of technologies like AI. While concerns about nuclear waste, uranium supply, and geopolitical risks remain, proponents emphasize the emission-free operation of nuclear plants and their high energy generation efficiency. This debate is highlighted by the EU`s inclusion of nuclear energy in its green taxonomy and the anticipation of increased power demands from AI development.