Despite the tragedy in Fukushima, Tokyo, “the overall plan won’t be changed,” says Xu Yuming, vice secretary general of the Nuclear Energy Association. “China faces power shortages and we need to change our energy mix. To resolve these issues, we must develop nuclear.”
With energy concerns growing every year, the nuclear option will likely stay. Amir Adnani, chief executive officer of Corpus Christi, Texas-based Uranium Energy Corp. (UEC), comments that “in the next 20 years, the world’s nuclear capacity is going to double.”
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Global X Uranium ETF
