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NEA has produced a series of briefing summaries. This is an introduction to the second one:

  • The post-COVID-19 economic recovery is a perfect opportunity to create jobs and economic development while continuing to move ahead with the energy transition.
  • Investing in nuclear energy creates a large number of high-skilled jobs, accelerates the transition to a low-carbon economy, and increases energy resilience.
  • Nuclear energy projects are a proven way to create large numbers of long-term, high-skilled domestic jobs that pay premium wages.
  • Nuclear projects provide high spill-over investment into the local and regional economy.

What’s the problem?
As the world’s societies and economies continue to endure the effects of the COVID-19 crisis, it is crucial that planning starts for the post-pandemic recovery. With most OECD governments aiming at an economic recovery that preserves the ambition for affordable energy transition plans, any post-pandemic economic recovery plans and associated investments must align with long-term economic, social and environmental objectives – be it the Paris Agreement or the UN Sustainable Development Goals.

With rising unemployment in the wake of the pandemic, the question of how to deliver socially equitable and affordable decarbonization, while preserving and developing quality employment has to be at the core of all revitalization plans.

Read on ....................

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