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Biden victory could be a boon for uranium, but obstacles remain

Source: Biden Campaign, photo by Adam Schultz As president-elect of the world s biggest uranium consumer, observers believe Joe Biden could help bring about a proverbial sea change to the politics around nuclear power compared to his former boss Barack Obama, as bipartisan support appeared to grow for legislation aimed at bolstering the U.S. nuclear sector. The Democratic Party s platform finalized in August named existing and advanced nuclear technologies along with other zero-carbon technologies like hydroelectric power, geothermal and carbon capture and storage within the technology-neutral approach it embraced to decarbonize the power sector. It was the first time the party had endorsed nuclear energy in 48 years, according to the American Nuclear Society. The chart below

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