Green Century supports renewable energy sources, despite nuclear power’s resurgence.
As data centers, cryptocurrency, artificial intelligence, and other energy-guzzlers increase demand for power, nuclear energy is being pitched as a solution.
Data centers already make up roughly 2.5 percent of total U.S. electricity use today, according to analysis from Boston Consulting Group — but exploding demand for artificial intelligence could drive that to 7.5 percent by 2030.
Green Century° remains unabashedly opposed to nuclear power and is unconvinced by arguments that today’s new small modular reactors are safe for people or the environment. Our three mutual funds purposefully exclude fossil fuels because of the associated health and ecological impacts.
Nuclear energy is not clean or safe. Many of us remember the immediate environmental and public health fallouts from the Chernobyl, Fukushima and Three Mile Island disasters. At Chernobyl, about 600 workers at the power plant during the emergency received very high doses of radiation and suffered from radiation sickness. Those who were exposed to the higher amounts of radiation became sick right away and subsequently died.
The hundreds of thousands of people who worked as part of the cleanup crews in the years after the accident faced increased risk of leukemia. Of the approximately 5 million residents of the contaminated areas surrounding, children and adolescents exposed from the Chernobyl accident showed an increased risk of developing thyroid cancer. These “new” small modular reactors. according to the Union of Concerned Scientists, still have potential for failures and are susceptible to the more frequent and intense storms caused by climate change.
Today’s consumers already have safe, clean reliable sources of renewable energy. We don’t need to resort to nuclear power. It’s dangerous and costs more than wind and solar. That’s why Green Century is steadfast in its commitment to avoid investing in nuclear power plants. We believe that any firm representing itself as sustainable or responsible should do the same.
To learn more about avoiding dirty fossil fuels and dangerous nuclear power plants, get our Clean Energy Issue Impact report and our fossil fuel free guide.
–Leslie Samuelrich
°Green Century Capital Management, Inc. (Green Century) is the investment advisor to the Green Century Funds (the Funds).
The Green Century Funds are a family of fossil fuel-free, environmentally responsible mutual funds. Green Century Capital Management hosts an award-winning and in-house shareholder advocacy program and is the only mutual fund company in the U.S. wholly owned by environmental and public health nonprofit organizations.
You should carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. To obtain a Prospectus that contains this and other information about the Funds please visit www.greencentury.com, email
info@greencentury.com, or call 1-800-934-7336. Please read the Prospectus carefully before investing.
Stocks will fluctuate in response to factors that may affect a single company, industry, sector, country, region or the market as a whole and may perform worse than the market. Foreign securities are subject to additional risks such as currency fluctuations, regional economic and political conditions, differences in accounting methods, and other unique risks compared to investing in securities of U.S. issuers. Bonds are subject to a variety of risks including interest rate, credit, and inflation risk. A sustainable investment strategy which incorporates environmental, social and governance criteria may result in lower or higher returns than an investment strategy that does not include such criteria.
This information has been prepared from sources believed reliable. The views expressed are as the date of this writing and are those of the Advisor to the Funds.
The Green Century Funds are distributed by Distribution Services, LLC. 5/25. Distribution Services and Green Century are not affiliated.