Nuclear power has been touted as a proven, safe way of producing clean energy, but why isn’t it more widely adopted?
Sean Gallup | Getty Images News | Getty Images
As the world pushes toward its goal of net-zero emissions by 2050, nuclear power has been touted as the way to bridge the energy gap — but some, like Greenpeace, have expressed skepticism, warning that it has “no place in a safe, clean, sustainable future.”
Nuclear energy is not only clean. It is reliable and overcomes the intermittent nature of renewables like wind, hydro and solar power.
“How do you provide cheap, reliable and pollution-free energy for a world of 8 billion people? Nuclear energy is really the only scalable version of that, renewables are not reliable,” Michael Shellenberger, founder of environmental organization Environmental Progress, told CNBC.
According to the report, there are 486 nuclear reactors either planned, proposed or under construction as of July, amounting to 65.9 billion watts of electric capacity – the highest amount of electric capacity under construction the industry has seen since 2015.
Only a few years ago, the International Energy Agency had warned that nuclear power was “at risk of future decline.” The report in 2019 said then that “nuclear power has begun to fade, with plants closing and little new investment made, just when the world requires more low-carbon electricity.”
Schroders noted that nuclear power is not only scalable, but much cleaner — emitting just 10-15 grams of CO2 equivalent per kilowatt hour. That’s competitive with both wind and solar energy and substantially better than coal and natural gas.
Nuclear power is also the second largest source of low carbon energy after hydro power, more than wind and solar combined, Schroders said.
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Shellenberger’s view is that renewable energy is reaching the limits of what it can achieve in many countries. For example, hydroelectric power is not viable in all countries, and those that have them are “tapped out,” which means they cannot exploit any more land or water resources for that purpose.
Nuclear power is a great alternative, with “very small amounts of waste, easy to manage, never hurt anybody, very low cost when you build the same kind of plants over and over again,” he added.
That’s the reason why nations are having a second look at nuclear power, Shellenberger said. “It’s because renewables aren’t able to take us where we need to go. And countries want to be free of fossil fuels.”
Nuclear safety
Twelve years after Fukushima, we’re just getting better at operating these plants. They’re more efficient, they’re safer, we have better training.
Michael Shellenberger
Environmental Progress
In an interview with CNBC’s “Street Signs Asia” last week, Adam Fleck, director of research, ratings and ESG at Morningstar, said the social concern around nuclear power is “somewhat misunderstood.”
While the tragedies in Chernobyl and Fukushima cannot be forgotten, using nuclear is one of the safest ways to produce energy, even taking into consideration the need to store the nuclear waste.
“Many of those [storage facilities] are highly protected. They’re protected against earthquakes, tornadoes, you name it. But there’s a reason why there hasn’t been a significant tragedy or concern related to storage of nuclear waste.”
Shellenberger said: “Twelve years after Fukushima, we’re just getting better at operating these plants. They’re more efficient, they’re safer, we have better training.”
There have been new designs for nuclear power plants that have also enhanced safety, “but really what’s made nuclear safe has been the kind of the boring stuff, the stuff of the trainings and the routines and the best practices,” he told CNBC.
Too expensive, too slow
So, if nuclear has been a tested, proven and safe way of generating power, why isn’t it more widely adopted?
Fleck said it boils down to one main factor: cost.
The extra time that nuclear plants take to build has major implications for climate goals, as existing fossil-fueled plants continue to emit carbon dioxide while awaiting substitution.
Greenpeace
“I think the biggest issue of nuclear has actually been cost economics. It’s very costly to build a nuclear plant up front. There’s a lot of overruns, a lot of delays. And I think, for investors looking to put money to work in this space, they need to find players that have a strong track record of being able to build out that capacity.”
But not everyone is convinced.
A report by global campaigning network Greenpeace in March 2022 was of the position that besides the commonly held concern of nuclear safety, nuclear energy is too expensive and too slow to deploy compared to other renewables.
Greenpeace noted that a nuclear power plant takes about 10 years to build, adding “the extra time that nuclear plants take to build has major implications for climate goals, as existing fossil-fueled plants continue to emit carbon dioxide while awaiting substitution.”
Furthermore, it points out that uranium extraction, transport and processing are not free of greenhouse gas emissions either.
Greenpeace acknowledged that “all in all, nuclear power stations score comparable with wind and solar energy.” However, wind and solar can be implemented much faster and on a much bigger scale, making a faster impact on carbon emissions and the clean energy transition.
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Nuclear power is a “distraction” from the “answer we need” — such as renewables and energy storage solutions to mitigate the unreliability from renewables, said Dave Sweeney, a nuclear analyst and nuclear-free campaigner with the Australian Conservation Foundation.
“That’s the way that we need to go, to keep the lights on and the Geiger counters down,” he told CNBC’s “Street Signs Asia” on Friday.
General view of the Google headquarters in King’s Cross as the tech giant faces a 5 billion pound lawsuit in the UK for allegedly abusing its online search dominance.
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Google owner Alphabet on Tuesday announced a £5 billion ($6.8 billion) investment in the U.K.’s artificial intelligence development, just as the country prepares for U.S. President Donald Trump’s state visit this week.
The U.S. presidentis scheduled to arrive in Britain on Tuesday evening, before the pomp and pageantry gets underway on Wednesday. His visit is expected to coincide with a flurry of business deals.
As part of the pledge, the U.S. tech giant announced the opening of a new state-of-the-art data center in Waltham Cross, approximately 12 miles (19 kilometers) north of central London.
Google said the new facility will help meet the growing demand for the company’s AI-powered services like Google Cloud, Workspace, Search and Maps.
The £5 billion investment is projected to create 8,250 jobs annually at U.K. businesses, Google said.
U.K. Finance Minister Rachel Reeves described Google’s announcement as “a powerful vote of confidence in the UK economy and the strength of our partnership with the US.”
Google’s U.K. investment includes funding for London-based DeepMind, a company run by Nobel Prize winner Demis Hassabis which is working to build the next generation of AI systems.
“With today’s announcement, Google is deepening our roots in the UK and helping support Great Britain’s potential with AI to add £400 billion to the economy by 2030 while also enhancing critical social services,” Ruth Porat, president and chief investment officer of Alphabet and Google, said in a statement.
Google on Tuesday also said it had signed a deal for British oil giant Shell to manage the tech giant’s U.K. renewable energy supply. Google said the alliance will help contribute to grid stability and the country’s energy transition.
“Shell’s diverse portfolio of renewable power supply, access to batteries and electricity trading and optimisation expertise enables us to meet the evolving needs of world-leading companies like Google and support the growth of data centres,” Shell Executive Vice President David Wells said.
Enel North America and food and snacks giant Mars have signed a massive clean energy deal that will power up Mars’s operations with Texas solar.
The two companies completed a power purchase agreement (PPA) for the full output – all 851 megawatts (MW) – of three Texas solar farms. Together, those plants are expected to deliver 1.8 terawatt-hours of electricity annually, the equivalent of enough electricity to power 150,000 homes. That makes this Enel’s largest corporate PPA worldwide.
Michele Di Murro, CEO of Enel North America, said the deal “shows how renewables are among the fastest and most affordable solutions to meet the nation’s energy needs. Through these agreements, we’re adding clean capacity to the Texas grid while supporting a leading manufacturer’s sustainability goals.”
For Mars, the move goes beyond just greening its own factories. Kevin Rabinovitch, global VP of sustainability at Mars, explained that this PPA “lets us bring demand for all the electricity used in our value chain to the clean energy market in a highly efficient manner. The more demand we create together, the faster we can build the future we all want.”
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All three solar farms will use sheep grazing to manage vegetation, a dual-use practice Enel has scaled through the largest solar grazing agreement in the US.
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Lease deals get all the headlines, but 75% of new car buyers still finance their cars, indicating that they want to own their vehicles once the payments are done. If that sounds like you, and you’ve been holding out for relief from sky-high payments, a wave of new EVs are now available with 0% financing — making it one of the best months yet to buy a new EV.
Every month, Electrek readers looking for great deals on a new EV flock to our lease deal posts. Recently, however, the comments have been asking another crucial question: what about EV deals for the people who want to buy, instead of leas?
You asked, we listened. This roundup is for that 75% of new car buyers who choose to finance their cars instead of lease — so here’s a list of all the 0% financing deals on EVs you can get in September, 2025.
As I put this list together, I realized there were plenty of ways for me to present this information. In the end, I decided to present these deals in alphabetical order, by brand name (make). And, as for which deals are new this month? You’re just gonna have to check the list. Enjoy!
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Acura ZDX
2024 Acura ZDX; via Acura.
New for the 2024 model year, the Acura ZDX uses GM Ultium battery and drive technology, but the styling, interior, and infotainment are all Honda, delivering GM-level parts support with Honda-level fit, finish, and quality. Add in standard Apple CarPlay support, 0% financing for up to 72 months, and $7,500 customer cash through September 30th, and the ZDX becomes easily one of the best sporty crossover values on the market.
Chevy Equinox EV
2025 Chevrolet Equinox EV; via GM.
With an impressive combination of affordability, practicality, and advanced features, the Chevy Equinox is a standout EV. And with an EPA-estimated range of up to 319 miles and a starting price under $35,000, it’s no wonder they’re flying off dealer lots.
For well-qualified buyers, Chevrolet is offering 0% APR financing for up to 60 months through GM Financial through September 30th. That offer can be paired with the $7,500 federal EV tax credit (which you can claim at the dealer), along with up to $1,250 in additional discounts for Costco members, depending on membership level.
Dodge Charger
Electric Dodge Charger; via Stellantis.
Dodge is hoping that at least a few muscle car enthusiasts with some extra cash will find their way to a Dodge store and ask for the meanest, loudest, tire-shreddingest muscle car on the dealer’s lot without caring too much about what’s under the hood.
For them, Dodge has the new electric Charger with up to 670 battery-backed horsepower. And if you still owed money on the Hemi you just totaled, Dodge will help get the deal done on its latest retro-tastic ride with a $7,750 retail cash allowance or 0% financing for up to 72 months — and that’s before any dealer discounts.
Ford F-150 Lightning
F-150 Lightning pickup; by Ford.
America’s best-selling electric truck offers V2x technology, a nationwide dealer network, a universe of aftermarket accessories, and a look that blends into the crowd. This month, this proven pickup adds 0% interest financing for up to 72 months. Ford Pro customer can get access to advanced telematics and, in some cases, even get help sourcing additional grants and rebates, too.
GMC Hummer EV
2024 GMC Hummer EV
The biggest of GM’s Ultium-based EVs are seriously impressive machines, with shockingly quick acceleration, plus on-road handling that seems to defy the laws of physics once you understand that these are, essentially, medium-duty trucks. This month, GMC is doing its best to move out its existing inventory with 0% financing for well-qualified buyers plus $1,250 in discounts for select Costco members. So, if you’re a fan of heavy metal you’ll definitely want to stop by your local GMC dealer and give the Hummer EV a test drive.
2025 Honda Prologue Elite in Snowfall Pearl, via Honda.
Like the Acura ZDX at the top of this list, the Honda Prologue was blends the excellent GM Ultium EV platform with Honda sensibilities and Apple CarPlay to create a winning combination. It’s no surprise that it’s one of the top-selling electric crossovers — and to move out as many as possible before the $7,500 federal tax credit goes away, Honda is offering 0% APR for up to 60 plus up to an additional $2,000 in Honda Loyalty or Conquest cash.
Hyundai IONIQ 6
Hyundai IONIQ 6; via Hyundai.
The last of the streamliners, the IONIQ 6 has influences from Ferry Porsche and Raymond Loewy without looking like a copy of either. In addition to being a future classic, it’s efficient, comfortable, quick, offers up to 361 miles of range, can charge just about anywhere, and (now through the end of the month), can be financed with 0% interest for up to 48 months or $7,500 in customer bonus cash on all trims.
If you’re flexible on color, Hyundai dealers with “aged inventory” will give you an extra $1,000, for $8,500 total incentive dollars on your IONIQ 6.
Jeep Wagoneer S
Jeep Wagoneer S; via Stellantis.
The Jeep Wagoneer S is a slick, capable, street-oriented EV that’s been inexplicably saddled with a sloping roof and spoiler that eats away at the electric SUV’s ultimate utility (that’s the “U” part), but if you can get past that minor caveat, this first-ever battery-powered Jeep is ready to deliver. With $7,750 retail cash allowance or 0% financing for up to 72 months before dealer discounts through September 30th, the Wagoneer S might just be the best EV deal going.
Kia Niro EV
2025 Kia Niro EV; via Kia.
Kia is doing a phenomenal job moving its supercar-baiting EV6 and ultra-capable EV9 family trucksters, but the under-mentioned and underrated little Niro EV seems like it could use a little help. To that end, Kia is offering 0% interest financing or up to $7,500 customer cash on select examples of the little urban runabout now through September 30th.
Nissan Ariya
Nissan Ariya; via Nissan.
I’ve already said that the Nissan Ariya didn’t get a fair shake. If you click that link, you’ll read about a car that offers solid driving dynamics, innovative interior design, and all the practicality that makes five-passenger crossovers the must-haves they’ve become for most families. With up to 289 miles of EPA-rated range, Tesla Supercharger access, and 0% interest from Nissan for up to 72 months or up to $10,000 Customer Cash (that’s not a typo) undecided EV buyers could do a lot worse than to give the Ariya a chance to win them over.
Polestar 3
Polestar 3; via Polestar.
Sleek, Scandinavian, and seriously quick, the Polestar 3 is the lovechild of Swedish brand Volvo and Chinese brand Geely’s billions. As such, it delivers both Scandinavian style and high-tech substance with dual-motor power, a minimalistic, luxurious cabin, and Android Auto baked right in. The Polestar 3 was designed to turn heads while keeping daily driving effortless, and through the month of September, it’s sure to turn even more heads with 0% financing for up to 72 months through Polestar Financial Services and a $10,000 Clean Vehicle Incentive in some markets.
Put it all together, and the Polestar 3 stands out as one of the most compelling premium EV SUV deals of the month.
Subaru Solterra
Subaru Solterra EV; via Subaru.
The first-ever electric Subaru had a rocky start (no pun intended), but this off-road-ready sibling of the Toyota bZ4X seems like a solid mid-size electric crossover with some outdoorsy vibes and left-leaning granola style that offers more than enough utility to carry your mountain bikes to the trail or your inflatables out to the pond. Add in 227 miles of range, some big discounts, and 0% financing for up to 72 months, and this should be a great month for electric Subaru fans to drive home in a new Solterra.
Volkswagen ID.4
VW ID.4; via Volkswagen.
One of the most popular legacy EVs both in the US and Europe, the ID.4 offers Volkswagen build quality and zippy around-town handling. Everyone I know who has one loves it, and VW dealers are getting aggressive with discounts, making this fast-charging, 291 mile EPA-rated range, 5-star safety rated EV a value proposition that’s tough to beat.
This month, get a Volkswagen ID.4 with 0% financing for up to 72 months or up to $5,000 customer cash. You’ll need to do some math to see which offer works best for you.
Disclaimer: the vehicle models and financing deals above were sourced from CarsDirect, CarEdge, and (where mentioned) the OEM websites – and were current as of 15SEP2025. These deals may not be available in every market, with every discount, or for every buyer (the standard lines of “with approved credit” fine print should be considered implied). Check with your local dealer(s) for more information.
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