Understanding Brookfield as a nuclear power company

[Oscar]

Understanding Brookfield as a nuclear power company – as well as a renewable energy one

[ https://thefifthestate.com.au/columns/c ... nergy-one/ ]

Murray Hogarth - June 6, 2024

EXCERPT: "THE NUCLEAR FILES #4: We dig deeper into Brookfield’s connections with the “nuclear club” and what Mark Carney former governor of the Bank fo England and now chair for this giant asset owner says about nuclear energy.

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In Australia, we predominantly know Brookfield as an aggressive investor in the property, utilities and energy sectors, with very (very) deep pockets.

Elsewhere, it turns out Brookfield also is very well known as a nuclear assets owner and a highly-enthusiastic proponent for more. While Brookfield Australia/Asia Pacific declined to respond to The Fifth Estate’s questions for this series, it did point us to comments made previously by Mark Carney, Brookfield chair and head of transition investing, and former Governor of the Bank of England, said that:

"Every credible net-zero pathway relies on significant growth in nuclear power. It is an essential, reliable zero-carbon technology that directly displaces fossil fuels and supports the growth of renewables by providing critical baseload to our grids." . . . . . . "