Energy Abundance: A Catalyst for Economic Prosperity

In a groundbreaking speech, United States Treasury Secretary Scott Bessent highlighted the inseparable link between energy abundance and economic growth. "Energy abundance sparks economic abundance," Bessent proclaimed, setting the tone for a future where energy accessibility drives global prosperity.

World Bank's Leap Towards Nuclear Energy

Bessent praised the World Bank's recent initiative to lift the ban on nuclear energy support, a move he believes could "revolutionize energy supply for many emerging markets." This bold step forward underscores the potential of nuclear energy in meeting the world's growing energy demands sustainably.

Call for Technological Neutrality and Affordability

Advocating for a broader approach, Bessent urged the World Bank to embrace "tech neutrality" and ensure "affordability" in energy investments. By granting countries access to all viable technologies for baseload generation, the bank can play a pivotal role in democratizing energy access worldwide.