Uranium: Powering the Cleanest Source of Energy
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Uranium: Powering the Cleanest Source of Energy

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The following content is sponsored by the Sprott Physical Uranium Trust

Uranium: Powering the Cleanest Source of Energy

The world’s energy needs are growing with its population. However, achieving a net-zero carbon economy while meeting our growing energy needs requires a larger role for clean, sustainable, and reliable sources. Nuclear is one such energy source.

The above graphic from the Sprott Physical Uranium Trust highlights how uranium is powering one of the cleanest and most reliable sources of energy in nuclear power.

The Cleanest Energy Sources

Although all energy sources have tradeoffs, some are better for the environment than others.

To find the cleanest sources of energy, Our World in Data calculated CO2-equivalent emissions per gigawatt-hour (GWh) of electricity generated over the lifecycle of power plants for different energy sources. This includes the footprint of raw materials, transport, and construction of power plants.

Energy SourceCO2-equivalent Emissions Per GWh (tonnes)Type
Coal820Fossil fuel
Oil720Fossil fuel
Natural Gas490Fossil fuel
Biomass78-230*Non-renewable
Hydro34Renewable
Solar5Renewable
Wind4Renewable
Nuclear3Non-renewable

*Emissions from biomass vary depending on the type of fuel combusted.

It’s not surprising that coal, oil, and natural gas plants emit much more greenhouse gases than their renewable and non-renewable counterparts. In fact, emissions per GWh from coal power plants are roughly 273 times higher than nuclear power plants.

Hydropower offers a cleaner and renewable alternative to fossil fuels, however, the concrete and materials used in dam construction contribute to emissions. Furthermore, the decomposition of underwater vegetation in reservoirs also releases methane and carbon dioxide into the environment. Still, emissions per GWh from hydropower are around 24 times lower than coal.

Solar and wind are often the most mentioned energy sources when it comes to the clean energy transition. However, their energy densities are lower than fossil fuels and as a result, they often require more units to generate the same amount of power. For example, generating one GWh of electricity can take more than three million photovoltaic panels, or 412 utility-scale wind turbines. Constructing these massive solar and wind farms adds up to a relatively large material footprint and consequently, GHG emissions.

This is where nuclear power comes in.

Why is Nuclear the Cleanest Source of Energy?

Nuclear power plants use fission to generate electricity without any combustion, avoiding emissions from the process of electricity generation. What’s more, on average, it only takes one typical nuclear reactor to generate one GWh of electricity. The power generation capacity of nuclear reactors is largely due to the high energy density of uranium and nuclear fuel.

According to the U.S. Department of Energy, a single, eraser-sized uranium pellet contains the same amount of energy as 120 gallons of oil or 17,000 cubic feet of natural gas. This allows nuclear power plants to generate large amounts of electricity efficiently, making them one of the cleanest energy sources per GWh of electricity produced.

Nuclear’s Role in the Clean Energy Transition

Nuclear power offers several advantages in the transition to clean energy.

Besides being carbon-free and sustainable, nuclear power is also one of the most reliable and safest sources of energy. In fact, nuclear plants in the United States have a capacity factor of 92.5%, which means that they run at maximum capacity for almost 93% of the time during a year.

As one of the cleanest, most powerful, and reliable sources of energy, nuclear power could play a key role in helping countries achieve decarbonization goals in the fight against climate change.

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Plant-based Alternatives: 5 Ways They Benefit the Planet

Conventional meat production is responsible for 14.5% of the world’s CO2 gases. Here we visualize the benefits of plant-based alternatives.

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Visualizing the benefits of plant-based alternatives.

Plant-based Alternatives: 5 Ways They Benefit the Planet

Over the past decade, people have become increasingly interested in plant-based diets. In fact, there has been a 600% increase in people turning vegan in the U.S. since 2014.

Because of this, the plant-based foods market could make up roughly 7.7% of the global protein market by 2030, with a value of over $162 billion, up from $29.4 billion in 2020.

Although initially promoted for their gambit of health benefits, recent studies have shown that switching to a plant-based diet has a list of environmental benefits too.

The following infographic by Billy Goat Brands (CSE: GOAT) (“GOAT”) explores the environmental impacts of conventional meat production and how plant-based alternatives can lessen this impact and be a viable dietary solution for the future.

Environmental Benefits of Plant-based Alternatives

Increased population growth has caused meat production to increase exponentially. The livestock sector is one of the most significant contributors to urgent environmental problems. Conventional meat production is responsible for 14.5% of the world’s greenhouse gases.

Water, land, and ocean conservation have become a major concern for livestock breeding and meat production. It also causes a loss of soil nutrients, leaving land unusable in the future.

Here are five ways in which the production of plant-based alternatives benefit the environment:

  1. Climate Change: The production of plant-based meats causes very low greenhouse gas emissions and can in fact reduce emissions caused by conventional meat production by 70%.
  2. Land Conservation: Switching to a plant-based diet could also reduce global agricultural land use from 4 to 1 billion hectares.
  3. Water Conservation: A plant-based diet can reduce water consumption by up to 50%, saving 14 trillion gallons of water annually.
  4. Cleaner Water: Creating plant-based alternatives does not require excessive spraying of chemicals and pesticides, reducing aquatic nutrient pollution.
  5. Ocean Conservation: Consumption of plant-based imitation fish can stop the practice of overfishing that has caused oceanic dead zones across the world.

Plant-based alternatives offer a solution to these problems. They produce minimal greenhouse gases and require a fraction of the cropland and water needed for conventional meat production.

Health Benefits of Consuming Plant-based Alternatives

Plant-based diets are considered to be naturally nutritious and healthy. For years, registered dietitians and food scientists have touted the perks of eating plants and cutting back on meat.

Here are some amazing benefits of choosing a plant-based diet:

Lower Your Blood Pressure

Several studies have shown that sticking with a plant-based diet can reduce blood pressure, reducing your risk of further health complications. A recent study also found that vegetarians had a 34% lower risk of developing hypertension than those who consume meat.

Prevent Type-2 Diabetes

Our diet and diseases like type 2 diabetes have had a long-standing link. Plant-based diets, especially when rich in high-quality plant foods, are associated with a substantially lower risk of developing type-2 diabetes by over 30%.

Provide Healthy Body BMI

Studies have shown that the mean BMI for vegans was 23.6, while for nonvegetarians, it was 28.8, which qualifies as overweight. The various fibers and antioxidants in plant-based foods reduce fatty lipids in the body and promote a healthy BMI.

Decrease Your Risk of Cancer

According to the American Institute for Cancer Research (AICR ), the best way to source cancer-protective nutrients, including fiber, vitamins, minerals, and phytochemicals, is to eat a diet rich in vegetables and fruit, grains, beans, nuts, seeds, and some animal foods.

Improve Brain Capacity

There is veritable proof that a plant-based diet may improve the cognitive functions of your body. In some rare cases, it is linked to enhancing impairments in Alzheimer’s patients and reducing the risk of dementia.

Most Popular Plant-based Alternatives

There are a variety of plant-based alternatives that are available for consumption in the market today. Meat and milk alternatives are the most popular types of current plant-based alternatives available. Many popular fast-food chains have now adopted using plant-based meats in their menus.

Similarly, in order to combat the extreme exploitation of fisheries worldwide, efforts are being made to create plant-based seafood alternatives for consumption.

Through brands like Sophie’s Kitchen, Billy Goat Brands (CSE: GOAT) gives people the opportunity to invest in companies that offer healthy and environmentally conscious plant-based alternatives for consumption.

Go to billygoatbrands.com to learn more about investing in a plant-based future today.

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Visualized: The Circular Economy 101

How does a circular economy work? In this infographic, we show the benefits of a circular economy, and the key factors driving its growth.

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Circular Economy

Visualized: The Circular Economy 101

The principles of a circular economy trace back as far as 3,000 years.

Archeological evidence shows that Romans recycled trash following the eruption of Mount Vesuvius in 79 AD. Roughly 200 years later, people recycled glass during the Byzantine Empire. Fast-forward to today and circular economy strategies are projected to generate trillions in economic output by 2030.

But how does the circular economy work? This infographic from MSCI provides a guide to circular economies—from circular business models to circular technologies.

No Time to Waste

First, let’s start at the root of the problem, our current consumption trends:

  • Raw Materials: Global extraction is projected to double by 2060.
  • Textiles: 85% of clothing and textiles are discarded.
  • Waste: Global waste is projected to rise 70% by 2050.
  • Water: 80% of global wastewater is untreated or reused before returning back to the ecosystem.

To change consumption patterns and reduce waste, consumer behaviors, business models, and policies will need to change. But the big question is how?

To answer this problem, the concept of a circular economy is gaining traction.

What Is a Circular Economy?

A circular economy is centered on the idea of resources being kept as long as possible within the economic system, where materials that have undergone an entire lifecycle, from production to end stage, are returned to the economic system as an input.

Above all else, a circular economy is based on sustainable life cycles.

Circular Economy Growth

In 2019, BlackRock launched an inaugural Circular Economy fund. Since then, it has attracted $2.1 billion in investment. A number of the world’s largest asset managers have followed suit.

Policy-driven agendas are also focused on the circular economy shift:

  • Paris Climate Agreement
  • UN Sustainable Development Goals (SDG 12, 11, 9, 13)
  • European Green Deal Circular Economy Action Plan
  • 2019 African Durban Declaration
  • China’s 5-Year Circular Economy Plan
  • Circular economy strategies across Latin American countries

Given the steep cost of linear economic models, governments are beginning to pay attention to the merits of a circular economy.

The Upside of a Circular Economy

Circular economy principles aligned with sustainability offer the following advantages:

  • Reducing GHG emissions: 9.3 billion tonnes of CO₂e could be prevented by 2050 if circular economy strategies are applied across the steel, aluminum, cement, food, and plastic sectors.
  • Preserving long-term biodiversity: ~50% decrease in harmful effects on farm-level biodiversity through applying circular strategies.
  • Improving ocean health & water quality: 80% reduction in plastics entering the ocean globally by using reclamation, recycling, and reduction strategies, among others.
  • Economic growth & job creation: $4.5 trillion global economic opportunity by 2030 through spurring innovation in waste reduction.

Importantly, circular strategies, technologies, and transition companies are looking beyond traditional economic models.

5 Business Models in a Circular Economy

From alternative energy to bio-based and recyclable materials, the most effective circular business models are ones that create obvious value.

Let’s consider five circular economy business models and where they can be applied in the supply chain. Additionally, some of the models can be adapted to any part of the supply chain.

Business ModelSupply Chain Example
1. Circular supplies/Circular designProduct design/R&D

Procurement/raw materials acquisition
2. Resource recovery
(Recycle, Waste as a resource)
Reverse logistics

Material & product manufacturing
3. Product life extension
(Remanufacture, Resell, Upgrade)
End-of-life

Sales & marketing

Product use
4. ShareProduct use

Material & product manufacturing
5. Product as a serviceLogistics

Product design/R&D

Today, circular models present opportunities in fashion, food systems, mining and metals, among others.

How are Circular Economy Indexes Created?

A circular economy theme is built on two key dimensions:

1. Smarter technologies: Providing circular technologies

  • Single-use plastics alternatives
  • Digital technologies that replace resource-intensive products

2. Resource efficient processes: Maximizing materials and minimizing impacts (e.g. emissions)

  • Improved package materials
  • Efficient processes that reduce land degradation and promote diversity

Then, MSCI identifies areas of innovation that support a circular model. Consider the following circular technologies, which are produced by companies that contribute to a circular economy theme “end-state” through their products and services.

7 Circular TechnologiesExample
1. Renewables & energy efficiency
Replacing oil-based plastic with compostable materials
2. Sharing economyPeer-to-peer accommodation
3. Future mobilityElectric vehicles
4. Internet economyOnline markets
5. Water sustainabilityWastewater treatment systems
6. Plastic sustainabilityCompanies using only one type of polymer for packaging
7. BiodiversityPhytotechnologies

It also looks at circular transitions, which are companies that enable the shift to a circular economy through their management of related issues.

3 Circular TransitionsExample
1. Natural resources managementDeforestation
2. Water resources managementSmart metering devices
3. Plastic transitionBiodegradable plastics

As a result MSCI has created a range of Circular Economy related indexes:

  • Natural Resources Stewardship
  • Sustainable Water Transition
  • Plastics Transition
  • Renewables & Energy Efficiency
  • Sharing Economy

It’s worth noting that what is measurable today will likely only expand, considering the evolving regulatory frameworks and thinking around a circular economy,

The Value of a Circular Economy

Through looking at circular economy innovation, we yield three important insights:

  • Competitive earnings
  • New economic models
  • Sustainable solutions

For a growing number of investors, companies, and researchers, a circular economy provides a wide scope of opportunities ranging from single-use plastics alternatives to water sustainability.

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