The IPCC released part of its Sixth Assessment Report, earlier this month. Much of what the report states is already known, but it underlines the urgency of the climate crisis. UN Secretary-General António Guterres said the report is “a code red for humanity. The alarm bells are deafening, and the evidence is irrefutable".
Since the IPCC’s Fifth Assessment Report was released in 2014, the climate conversation has shifted. The Biden administration has set out to decarbonize the U.S. power sector by 2035. In the financial sector the momentum around ESG commitments continues to accelerate.
The path to a carbon-free future will require a transformation of the entire economy and increased investments in innovation. To meet our climate goals, we must utilize all our carbon-free options, including nuclear energy.