Ukraine Invasion Hurts U.S. Nuclear Power in a Big Way

If you thought Russia's invasion of Ukraine hurt the oil market, wait until you hear what it's doing to uranium.

Before last month's invasion, Russia and its allies supplied nuclear power plants in the U.S. with half of their uranium, and 100% of a special type of uranium needed for smaller, next generation power plants.

That entire supply chain has obviously been thrown into question since then, and that has huge implications for not only the future of nuclear power but also for climate change.

On today's episode of our environmental podcast, Parts Per Billion, we hear from Bloomberg Law reporter Daniel Moore about the Biden administration's attempts to find a new source of uranium for the country's nuclear reactors and about whether a decline in nuclear power would mean a rise in fossil fuels.

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