"Nuclear is 100% part of the solution” - Presidential Envoy The US and UK, along with other countries such as France, Sweden, Finland, and South Korea, are set to lead a pledge at the COP28 climate summit to triple global nuclear power capacity by 2050. This marks a notable shift in support for nuclear power, emphasizing its role in achieving global net-zero greenhouse gas emissions. The countries are also expected to commit to new technologies, including small modular reactors.
Source: https://www.bloomberg.com/news/articles/2023-11-14/us-uk-to-push-pledge-to-triple-nuclear-power-by-2050-at-cop28
This news bodes well for uranium exploration companies like Skyharbour Resources (SYH.v SYHBF) which has full or partial ownership of over 20 uranium projects in North America, specifically in Canada's prolific Athabasca Basin.
Good post breaking down their recent positive drilling results at one of their flagship projects here for anyone interested: https://www.reddit.com/r/UraniumInvestor/comments/17vbf9t/streetwise_reports_on_skyharbour_resources_syhv/