by Hannah Ritchie

Our World in Data presents the empirical evidence on global development in entries dedicated to specific topics.
This blog post draws on data and research discussed in our entry on Energy Production and Changing Energy Sources.

 Energy production and consumption is a fundamental component to economic development, poverty alleviation, improvements in living standards, and ultimately health outcomes. We show this link between energy production and prosperity here, where we see a distinct relationship between energy use and gross domestic product per capita.
The unintentional consequences of energy production can, however, also result in negative health outcomes. The production of energy can be attributed to both mortality (deaths) and morbidity (severe illness) cases as a consequence of each stage of the energy production process: this includes accidents in the mining of the raw material, the processing and production phases, and pollution-related impacts. We have recently explored this trade-off with respect to development and air pollution.

 

spent-nuclear-fuel1

How do we get the numbers behind Climate Change?

 

goNuclearGetRich graph

Energy Tribune, February 13, 2009

On Friday, during the CERAWeek conference in Houston, MIT professor Andrew Kadak provided a graphic that showed the share price performance of electric utilities that rely on nuclear power versus utilities that rely primarily on fossil fuels.

The nuclear utilities included in the survey -- Constellation, Entergy, Exelon, and PG bested their fossil-fueled counterparts by a wide margin. Through April 2008, the shares of the nuclear utilities rose by about 286 percent. The shares of the fossil-fueled utilities – AEP, DTE, First Energy, and Southern Co. – rose by about 60 percent. During his presentation, Kadak remarked, “Nuclear companies have consistently outperformed”  their counterparts.