BREAKING IN NYC: WORLD'S BIGGEST BANKS PLEDGE SUPPORT FOR NUCLEAR
Banks and funds totaling $14 TRILLION in assets have just signed an unprecedented statement in support of nuclear power.
They'll be presenting the pledge to support the goal of tripling nuclear THIS MORNING at the Rockefeller Center in New York City to kick off NY Climate Week.
A few of the names:
Bank of America
Barclays
BNP Paribas
Brookfield
Citi
Credit Agricole
Goldman Sachs
Morgan Stanley
Rothschild & Co
The pledge comes after Microsoft signs deal to buy $16 billion in electricity from a revived Three Mile Island nuclear plant alone over 20 years to fuel its AI ambitions.
I'll be covering live today from the top of the Rockefeller Center, famously built with oil profits, as this unprecedented show of support for the next great energy source overcomes long-held financing barriers.
ALT World's biggest banks pledge support for nuclear power
Names including Bank of America, Morgan Stanley and Goldman Sachs boost COP28 goal of tripling capacity by 2050
https://www.ft.com/content/96aa8d1a-bbf1-4b35-8680-d1fef36ef067?countryCode=USA