ESG & Investing
Brookfield’s Carney Says Net-Zero Doesn’t Work Without Nuclear Power
- Nuclear is an alternative for countries without gas, solar
- Brookfield owns Westinghouse, has been running sale process
Mark Carney
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
Mark Carney, the former central banker who now heads Brookfield Asset Management Inc.’s transition fund, said that moving to a net-zero economy will be impossible without wider adoption of nuclear power.
“There’s no transition that works without nuclear, full stop,” Carney said at the company’s investor day Thursday.