Uranium Market Update
Increasing national commitments to carbon
neutrality include nuclear
Commitments to carbon neutrality(1)
■ Canada - 2050
■ China - 2060
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YELLOW CAKE PLC
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European Union - 2050
■ France - 2050
■ Japan - 2050
■ United Kingdom - 2050
■ U.S.A. - 2050
Carbon Free Energy Initiatives
■ Canada, China, Finland, France, Japan, Poland, Russia, the United States and the United
Kingdom provided statements in the UNECE report in support of its findings on nuclear power's
contributions to climate action
■ The United Nations Economic Commission for Europe (UNECE) highlighted nuclear power as an
important source of low-carbon energy that can contribute to attaining carbon neutrality
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■ Under the proposed taxonomy rules, nuclear projects permitted until 2045 will be classified as
green, on the condition that countries can safely dispose of the toxic waste and do not create
significant harm to the environment (2)
Source:
1) Carbon Neutrality by 2050: the World's Most Urgent Mission
2) Technical assessment of nuclear energy with respect to the 'do no significant harm' criteria of Regulation (EU) 2020/852 ('Taxonomy Regulation'), (August 2021)
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