Canada has an emphasis on minimizing their carbon footprint. Recently they committed to $20 million for the construction and distribution of small modular nuclear power plants. These single, small, modular power plants would be able to produce up to 300MWe (megawatt of electric capacity). For reference, that would be enough to power 150K to 200K homes. The benefit of these units would certainly be the transportation flexibility for more isolated communities with minimal waste.
A renewed push to reduce the world’s carbon emissions has sparked excitement in many technologies and stocks, with no exception to carbon capture.
Berkeley, CA is looking to make strides in the clean energy business. Currently, Berkeley is the only city in the United States that has implemented a ban of Natural Gas in residential and low-rise construction. This natural gas ban is falling in line with the current west coast trend to cut down on fossil fuel dependencies. According to Berkeley City Council member, Kate Harrison, natural gas accounts for 27% of the greenhouse gas emissions.