World faces setbacks on energy challenges
Slower-than-expected progress on nuclear power means the world must look elsewhere for decarbonisation options
Recent developments in new energy technologies—as well as energy shortages, drastic oil and gas price increases, and widespread disruption to energy markets—suggest disheartening challenges to the clean and energy-abundant future the world had come to expect from technological advances and aggressive government climate change policies. The hope that zero-emission nuclear energy would help the world achieve its decarbonisation goals led to a focus on small modular reactors (SMRs) as the most likely candidates for achieving that objective. The designs proposed by several players were touted as the future of fission energy, and a sure bet that they could soon be a bridge to an eventual fusion e
Also in this section
13 December 2024
Prices in world’s largest compliance market have risen this year but remain below those seen in the EU
11 December 2024
Policymakers need to step up with a long-term, global strategy if the energy transition is ever to be a success
11 December 2024
CCUS and other carbon management technologies are gaining traction around the world, but heightened policy risk and other pressures will make 2025 a challenging year in some regions
10 December 2024
Tightened standards have helped improve the outlook for the voluntary carbon market, which is set for a record year and poised for long-term growth