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Trump Declares Energy Emergency to Boost Nuclear Power

2/21/2025

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Story summary
  • President Trump has announced a "national energy emergency" to boost nuclear energy amid rising global demand and competition from China and Russia. While public enthusiasm is strong, the path is fraught with high costs and regulatory hurdles. Companies like Cameco and Constellation Energy stand ready for expansion, with Cameco projected to supply 18% of the world's uranium in 2024.