There’s plenty of prattle out there about global warming and sustainable energy, most of which is unrealistic and lacking in real-world achievability. As it stands now, the world is aligned to fall demonstrably short of a unitary goal to reach net zero emissions by 2050. Indeed, there are many noble intentions underscoring proposals to curb CO2 emissions, but the economic cost and technological challenges make it more platitude than practical. Last month, the International Energy Agency (“IEA”) issued a comprehensive and actionable plan to cap the global temperature rise to 1.5°C by mid-century without upending energy stability, accessibility or pricing. IEA covers it all and lays out how renewable energies in combination with nuclear power will become the dominant energy sources across the planet even amid a growing global population. The transition is inevitable for the planet’s survival, and there are ways to capitalize on this titanic transformation in the energy sector. In the United States, Uranium Energy Corp. (NYSE American: UEC) (Profile) is a leading player in low-cost and environmentally friendly in-situ recovery (“ISR”) mining of uranium, the essential element that fuels nuclear energy. There are exchange-traded funds, namely iShares S&P Global Clean Energy Index Fund (NASDAQ: ICLN) and direct plays such as First Solar Inc. (NASDAQ: FSLR) and Tesla Inc. (NASDAQ: TSLA). For those preferring a different approach to the EV space, a close look at top copper producer Freeport-McMoRan Inc. (NYSE: FCX) may be in order.
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About Uranium Energy Corp.
Uranium Energy is a U.S.-based uranium mining and exploration company. In South Texas, the company’s hub-and-spoke operations are anchored by the fully licensed Hobson Processing Facility, which is central to the Palangana, Burke Hollow and Goliad ISR projects. In Wyoming, UEC controls the Reno Creek project, which is the largest permitted, pre-construction ISR uranium project in the U.S. Additionally, the company controls a pipeline of uranium projects in Arizona, New Mexico and Paraguay, a uranium/vanadium project in Colorado and a large, high-grade ferro-titanium project in Paraguay. The company’s operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining. For more information about the company, visit www.UraniumEnergy.com.
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