Nuclear…Saviour or Sideshow? Unveiling the True Cost of Climate Solutions
In this discussion with Tom King of Nanuk Asset Management we venture into the heart of the nuclear debate. Nuclear energy is an enigma…on paper, it presents itself as a low-emission ‘knight in shining armour’ solution against climate change. However, as we delve into the details, we confront the stark realities – the main challenges are the huge financial burden and the formidable competitors in the form of low cost renewable energy sources. We explore whether nuclear power is the solution we’ve been seeking, or merely a diversion from more economical and efficient renewable alternatives. It’s time to strip away the facade and examine the true cost of our choices in the pursuit of net zero.
Tom King joined Nanuk in 2009 and is a director, chief investment officer and portfolio manager with the team. He has approximately 20 years’ investment industry experience in equity funds management, investment banking and private equity. Tom holds a first class honours degree in Engineering from the University of Melbourne.
Topics mentioned in the discussion:
· The NuScale Power cost blowout: small-modular-nuclear-reactor-that-was-hailed-by-coalition-as-future-cancelled-due-to-rising-costs
· Craig Reucassel on ABC iview: fight-for-planet-a-our-climate-challenge
I hope you enjoy this interview with Tom King of Nanuk Asset Management.
You can check out Nanuk’s website at: www.nanukasset.com