Nuclear energy: The company trying to modernize nuclear fuel

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Wind and solar power continue to be the most favorable forms of alternative energy for Americans, with 82 percent favoring solar power and 75 percent favoring wind power, according to the Pew Research Center. Similarly, nuclear energy is growing in popularity as well, with Pew finding 57 percent of Americans favoring the energy replacement, up from 43 percent in 2020. Lightbridge Corporation (LTBR) CEO Seth Grae joins Yahoo Finance Live to discuss how the company is trying to modernize nuclear fuel.  Grae states that “Lightbridge has reimagined how to design nuclear fuel from scratch using modern technology, modern metallurgy, using a very different approach,” which makes it “cooler in the reactor… while producing even more power.”  Grae notes, as the survey shows, “there’s tremendous support for new nuclear power and that's partly for climate reasons, it's partly for energy security reasons.” For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

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