Energy Abundance as a Catalyst for Economic Prosperity

In a compelling address, United States Treasury Secretary Scott Bessent highlighted the intrinsic link between energy abundance and economic prosperity. "Energy abundance sparks economic abundance," Bessent declared, underscoring the pivotal role of accessible energy in driving global economic growth.

World Bank's Progressive Stance on Nuclear Energy

Bessent praised the World Bank's groundbreaking decision to reconsider its stance on nuclear energy support. This move, he argued, has the potential to "revolutionize energy supply for many emerging markets," offering a beacon of hope for nations striving for sustainable development.

Call for Technological Neutrality and Affordability

Further, Bessent urged the World Bank to adopt a "tech neutral" approach, advocating for the inclusion of all technologies capable of providing affordable baseload generation. He emphasized the importance of prioritizing "affordability" in energy investments to ensure equitable access across the globe.