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Arvind Sanger - The Sustainable Energy Transition

The Business Brew

CHAPTER

The Politics of Nuclear

Fukushima disaster in 2011 was the death knell for uranium. The Germans announced after Fukushima in 2011 in Merkel announced in 2012 that in 10 years they were shut down all that. So nuclear went through this period where it went out of favor and people like the Germans and you know fewer Europeans joined them I think the Austrians others who became anti nuclear in quite a strong way. Europe said no when gas rise got to $60 per mb to the equivalent of $360 per barrel oil in December of 21 under great pressure because they were realizing the folly of going all renewables all the time.

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