Amazon, Google and Meta support tripling nuclear power by 2050

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🗞️ Driving the news: Amazon, Google, and Meta (See sustainability performance) have signed a pledge supporting efforts to triple global nuclear power by 2050
• Originally adopted by over 20 countries in December 2023, the pledge also has backing from major financial institutions like Goldman Sachs and Morgan Stanley
• The initiative highlights growing industry support for nuclear energy as a key part of the clean energy transition

🔭 The context: The tech giants are increasingly reliant on vast amounts of electricity to power AI and data centers
• Given the limitations of renewables in providing consistent energy, they are turning to nuclear as a reliable alternative
• Amazon and Google have already invested in small modular reactor technology, while Meta is exploring nuclear partnerships to secure up to 4 gigawatts of power

🌍 Why it matters for the planet: Nuclear energy produces zero carbon emissions during operation, making it a crucial tool for decarbonization
• If successful, tripling nuclear capacity could significantly reduce reliance on fossil fuels and complement renewables in the energy mix
• However, concerns remain over waste disposal, safety, and high development costs

⏭️ What's next: The pledge remains nonbinding, meaning actual implementation depends on government policies and industry investments
• Advancements in small modular reactors and regulatory support will be key in determining nuclear’s future role
• More companies may join this push as energy-intensive AI and data center demands grow

💬 One quote: “We need reliable, carbon-free energy sources, and nuclear power is a critical part of that future.” — World Nuclear Association

📈 One stat: Meta is seeking proposals for up to 4 gigawatts of new nuclear power capacity in the U.S.

See here detailed sustainability performance of companies like Amazon, Goldman Sachs, Google, Meta and Morgan Stanley

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