Stock of the Day
Out of context: Reply #10
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- sarahfailin0
http://www.reuters.com/article/u…
Another angle on the climate change stock market game:
Uranium prices set to march higher as climate deal boosts nuclearUranium prices are expected to outperform other commodities in 2016 and beyond as a global climate change deal and growing demand from Asia bolster the prospects of the nuclear industry.
The metal that powers nuclear reactors has been gradually recovering from a sharp decline in the wake of Japan's Fukushima disaster in 2011, and has gained this year as several other commodities slumped due to oversupply and concerns about Chinese economic growth and U.S. monetary tightening.
It is expected to climb further, according to analysts, after governments forged a landmark agreement to reduce green gas emissions at a global climate summit in Paris last month - a move that supports nuclear power generation and in turn uranium.
Nuclear power stations currently provide around 11 percent of the world's electricity but the share is likely to increase as China and India expand their capabilities.
- Great, more nuclear disaster on the wayformed
- hehe, yeah. i'm not pro nuclear energy. but i'm not anti-nuclear either. i have mixed feelings about it all.sarahfailin