0 sats \ 3 replies \ @supertestnet 13 Jun \ on: Euro continues to lose importance as reserve currency econ
world-nuclear.org begs to differ:
It goes in the right direction but is only reversing bad policies from the last two decades. France used to be energy independent with producing 90% of its energy in its nuclear plants, that proportion had fallen to 60% and after the sanctions on Russian gas bit them hard they are trying to come back to the place they were before, minus the cheap uranium from Niger
reply
reply
Willingness to manufacture is also a resource
Most countries shied away from nuclear energy production for far too long, and the tide is only barely beginning to shift back in a good direction. France is leading the way in this department, not just by ramping up nuclear energy production but also by exporting the resulting energy to less willing european nations
Also, although France does not currently mine for uranium on its mainland, there are significant deposits of it in France so your sarcastic quip about uranium growing in Macron's garden is pretty much accurate. source
reply