Invest in Nuclear Energy With This One Stock

The famous American philosopher George Carlin once remarked about how many people seem to be afflicted with NIMBY syndrome. The acronym – which stands for Not In My BackYard (NIMBY) – is a term which implies that while everyone thinks we ought to move more towards clean energy, nobody wants a nuclear power plant anywhere near their neighborhood. Given that nuclear energy is a zero-emission clean energy source, and given how strongly many people feel about carbon dioxide emissions, you’d think everyone would be rooting for more nuclear power.

When it comes to classifying nuclear energy as “renewable,” this is a matter of debate, primarily because nuclear power reactors use uranium which is non-renewable. (The most commonly agreed upon renewable energy sources are biomass, wind, solar, hydro, and geothermal.) However, if the goal is to build an electricity generation infrastructure to lower carbon emissions, nuclear energy is a viable solution because it has zero emissions. According to the U.S. Energy Information Administration, “nuclear energy was the source of about 20% of U.S. electricity generation in 2017.”