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esghive.bsky.social
ESG Hive 🌎 🌊
@esghive.bsky.social
We talk about ESG and sustainable investing opportunities and risks and climate change solutions. Our posts are never investment advice.
The incoming US energy secretary also said USA will help African countries grow with oil and gas and wants the world to drop focus on climate change.
March 12, 2025 at 1:51 AM
The World Bank is already pivoting from extensive climate talk to keep the US on board and could drop its prohibition on ☢️ nuclear energy funding
March 12, 2025 at 1:51 AM
It’s not yet clear whether this would/could extend to low income countries.
March 12, 2025 at 1:51 AM
The devil is in the details, but this could signal a major policy shift toward funding for nuclear energy in emerging markets and middle income countries.
March 12, 2025 at 1:51 AM
It also calls for the creation of a Nuclear Energy Assistance Trust Fund to provide technical assistance and financial support to nuclear energy projects.
March 12, 2025 at 1:51 AM
The bill says U.S. should encourage these international orgs to increase their capacity to evaluate nuclear energy projects and provide technical assistance.
March 12, 2025 at 1:51 AM
The International Nuclear Financing Act passed the House Financial Services Committee, but has more hurdles ahead.
March 12, 2025 at 1:51 AM