TOKYO -- An influx of investor money into nuclear power has lifted stocks tied to the industry and sent uranium prices to a 16-year high amid renewed interest in the energy source from a growing number of countries.
The recent COP28 climate talks included a pledge to triple nuclear power capacity from 2020 levels by 2050, signed by over 20 nations such as Japan, the U.S. and the U.K. -- as well as Morocco and Ghana, which have no plants in operation. Sweden, Sri Lanka and Kenya are moving toward building nuclear power facilities.
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