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Constellation

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Constellation Energy issues green bond worth $900 mln to fund nuclear energy projects

Constellation issued a $900 million, 30-year green bond for nuclear energy projects.
The bond will fund investments in maintenance, expansion, and life extensions of clean, reliable nuclear power generation.
The green bond aims to reduce or avoid carbon emissions and provide environmental benefits.
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https://www.reuters.com/business/energy/constellation-energy-issues-green-bond-worth-900-mln-fund-nuclear-energy-2024-03-18/




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  • Grace Njeri

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    4 w

    By categorizing this bond as “green,” Constellation Energy aligns its funding with environmentally sustainable practices, attracting investors who prioritize sustainability.

    • We Don't Have Time

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      33 w

      Dear Rashid Kamau Your climate love has received over 50 agrees! We have reached out to Constellation by email and requested a response. I will keep you updated on any progress! To reach more people and increase the chance of a response, click the Share button above to share the review on your social accounts. For every new member that joins We Don't Have Time from your network, we will plant a tree and attribute it to you! /Adam, We Don't Have Time

      3
      • George Kariuki

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        33 w

        Constellation Energy issuing a green bond for nuclear power is interesting! Nuclear Energy can be a clean energy source, but safety and waste disposal are key considerations.

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        • Jehannes Ros

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          33 w

          @george_kariuki they should be for all energy sources, nuclear is the only sources that is closed cycle of dealing with it and is the safest source that can replace fossil directly. Much mis-information by anti-nuclear NGO's still around.

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        • Jane Wangui

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          33 w

          In as much as the nuclear energy will reduce the emissions....nuclear energy could cause more harm than good .

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          • Jehannes Ros

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            33 w

            @jane_wangui not true, a false perception.

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          • Rotich Kim

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            33 w

            Good move this great a better motivation towards green energy

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            • Munene Mugambi

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              33 w

              This is a good move, there may be arguments against nuclear power based on safety or cost but it is better suited for our planet than fossil and coal power. If managed well, it will help in the phasing out of redundant fuels passed by time and that greatly harm our planet

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              • Jehannes Ros

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                33 w

                @munene_mugambi those arguments are also mostly false or overstated, by ngo s that are absolute in there anti-nuclear stand.

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              • Boniface Kuria

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                33 w

                I am on the wall on the nuclear energy issue. On one hand its climate friendly and sustainable but on the other hand, can cause devastation in case of leakages. Casing point, the Chernobyl disaster began on 26 April 1986 with the explosion of the No. 4 reactor of the Chernobyl Nuclear Power Plant, near the city of Pripyat in the north of the Ukrainian SSR, close to the border with the Byelorussian SSR, in the Soviet Union

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                • Munene Mugambi

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                  33 w

                  @boniface_kuria The cases against nuclear power are feeble, the disaster you've quoted is from 1986 and I agree it was huge but nuclear energy is absolutely fine and safe. This is why such incidents are far apart if they occur at all. Under good management, these cases do not occur at all.

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                  • Jehannes Ros

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                    33 w

                    @munene_mugambi I agree In detail tsjernobyl was a messed up construction it had no containment building. Around the reactor. It was also a design, rmbk, that was not designed to operate as the badly and underfunded Sovjet crew did. . An interesting fact is that the other reactors operated up till the year 2000. There are no more rmbk reactors in operation. And nuclear has the safest record in the history of Any energy source.

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                  • Patrik Lobergh

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                    33 w

                    Nuclear is never carbon free and what is worse is that it produces materials that can be used to produce atomic bombs. We need less of this in our world

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                    • Jehannes Ros

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                      33 w

                      @patrik_lobergh 1st nothing is carbon free. Nuclear is the least emitting source that can directly replace fossil generation. And when it increases it's use it will reduce that even further because the buildings are already there. Your second remarks is a sign of low knowledge. Proliferation of materials trough reactors that make electricity is the least obvious way. And having a reactors also involves being under sight of the IAEA.

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                      • Patrik Lobergh

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                        33 w

                        @jehannes_ros Nuclear is much more expensive than renewable energy. Nuclear energy is an old and outdated technology from the 50's. Invest in future prove technologies instead and avoid generating more hazardous contaminated waste materials.

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                        • Jehannes Ros

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                          33 w

                          @patrik_lobergh I fully disagree with you on that. Not only on the technology but also on the implementation towards net zero. I find your response very outdated and in line with anti-nuclear NGO's

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                          • Patrik Lobergh

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                            33 w

                            @jehannes_ros Time will tell but I believe the technology and your views are and will be outdated

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                          • Jehannes Ros

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                            33 w

                            Extension and performance improvements of existing nuclear is the cleanest and easiest way to producing clean energy.

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                            • walter lungayi

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                              33 w

                              @jehannes_ros That's true, i strongly agree with you.

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