anksgiving isn't typically a time for making investment decisions . . . but it should be. Americans honor our country's beauty and bounty in many ways—most notably through the national holiday actually called "Thanksgiving," which celebrates the abundance of the land we inherited centuries ago. We feast on turkey, sweet potatoes, cranberries and other delicious indigenous foods that sustained early pilgrims. Now, that abundance and beauty is at risk—as are all societal systems and traditions—as we now know that our lifestyles are simply not sustainable in their present configuration.
If we want the Thanksgiving tradition to survive, we cannot afford to ignore the forced heating impacts that the CO2 waste from our high-energy lives is having on the climate. So, in addition to celebrating Thanksgiving, we should take the opportunity to focus on the intergenerational threat we face, which we can do by acknowledging that fossil fuels are the wrong energy for the 21st century and investing in energy solutions that eliminate new emissions and also repair the damage already done by removing emissions previously released. This would be the best way to honor what we've enjoyed for so long, give thanks and do our part in leaving the world with a sustainable climate for our childrento enjoy.
There are many challenges for humanity. The heating we've caused our planet is something we must urgently address but doing so isn't as easy as it seems. People love to celebrate happy holidays and gather over delicious feasts and feel good. It is another thing altogether to ask people to focus on negative issues, things that worry and stress us out, such as acknowledging that our dumping of fossil fuel waste into the atmosphere has dramatically disrupted the natural ecosystems which have long supported us. This is contrary to our nature, as we prefer celebrations to crises. But if we build into the Thanksgiving tradition the practice of honoring the bounties of nature that we have enjoyed and objectively assessing how much damage we have done to them and then finding ways to remedy that damage, we stand a better chance of reversing the damage by accelerating climate solutions.
Given the scale of the climate problem, it is not sufficient to try to address it with personal actions such as turning down the heat, recyling, composting or even buying an electric car. These things are good to do but will not solve the problem. The only way to do that is to reduce and then eliminate fossil fuels emissions, which are still being released in the gigatons. We are running out of time to act, so rather than take modest personal actions, we must seek to find things that we can do that provide greater leverage. It turns out that our greatest point of leverage is in nvesting into the innovations that can disrupt demand for fossil fuels. Why innovation? Because to date, there hasn't been a form of clean energy that competes head to head with fossil fuels. If we want to have a hope of eliminating our need for coal, oil, petroleum and natural gas, we need a clean, carbon-free and highly reliable replacement for it that the market can adopt super quickly.
Increasingly, people are recognizing that this future energy will come in a form of nuclear power. Only nuclear has the ability to address our growing demand for energy at scale and not force humanity to go cold turkey on highly reliable power (as would wind and solar, which are intermittent sources) or the quality of life that we have enjoyed as a result of the abundance of high-density fossil fuels. Fortunately, nuclear is a far better option! But several decades of languishing by the industry has caused 21st century nuclear to be delayed. We now need to invest in hastening the release of Gen IV designs and the supply and support services necessary to enable it to scale to replace all fossil fuels usage.
This is what Nucleation Capital is doing. Providing an investment vehicle that invests in advanced nuclear and related deep decarbonization innovations that allows more investors to invest in some of the most exciting, most competitive clean energy alternatives coming out of the advanced nuclear sector. These designs will compete directly with fossil fuels and, because of the urgency of our climate situation, as soon as they are available, the world will begin to replace their use of fossil fuels with this superior type of clean, reliable, dense energy and ecologically friendly energy. Which is why, for those looking for impactful investments that are off the beaten path and which, by their nature, can produce extraordinary returns, nothing can beat nuclear energy innovation.
So, if you'd like to do far more than just give thanks with your turkey, consider investing in the innovations that would allow us to end our dependence on fossil fuels. We expect that, over the next decade, the nations of the world will begin deploying any number of advanced designs to power cities, factories, campuses, ships, industry and homes without emissions, thereby maintaining energy security and grid reliability without needing fossil fuels. We'll even use nuclear to generate synthetic hydrocarbons (for where liquid fuels are still needed) and power CO2 and atmospheric carbon drawdown to begin to reverse the level of forced heating causing global warming.
Yes, investing in advanced nuclear is high risk. Yet not solving climate change poses the greatest risks of all, in that everyone risks losing everything we hold dear. Our property, our nest eggs, our children's happiness and comfort, and our traditions. Which is why more investors are considering allocating a portion of their investible capital to investments that can meaningfully reduce demand for fossil fuels. Whether they can invest a lot or little doesn't matter so much: they will still get the satisfaction of knowing that they are using their money to make a difference in the final years that we have to rescue our future.
* The "Th" image above is the period table symbol for the element Thorium, and comes curtesy of the Thorium Energy Alliance, which advocates for the use of thorium along with uranium as a fuel for nuclear energy.