Just who will be making this decision? The global nuclear lobby is desperate to get tax-payer funding , to keep its expensive, dirty, dangerous product going.

Pro nuclear stooges, like Ursula von der Leyen (at left) are keen to get Europe to decide that nuclear power is necessary for climate change.

They keep calling nuclear "zero' or ''low carbon'' - ignoring the full chain of carbon-emiitting processes involved in nuclear structures and in fuelling rectors.

Also ignored , the delays in gettting the industry going - too late to be of any use.

nuclear: Fate of EU green taxonomy 'now in the hands of von der Leyen'.

 The taxonomy text will need approval from a majority of EU member states and members of the European Parliament. 

Brussels proposes green label for nuclear and natural gas
European Commission paves way for investments despite concerns over waste and CO2 emissions , Ft.com, Mehreen Khan in Brussels, 1 January 2022.

Brussels wants to recognise nuclear power and forms of natural gas as "green" activity as part of a landmark EU classification scheme to help financial markets decide what counts as sustainable investment. In long-awaited plans, the European Commission has paved the way for investment in new nuclear power plants for at least the next two decades and natural gas for at least a decade, under a green labelling system known as the "taxonomy for sustainable finance".  The labelling system, which will cover industries that generate about 80 per cent of all greenhouse gas emissions in the EU, is the first attempt by a major global regulator to decide what counts as truly sustainable economic activity and help stamp out so-called greenwashing in the financial sector.  

A draft legal text, seen by the Financial Times, says the EU's green label should be awarded to controversial energy sources including nuclear power and natural gas under certain circumstances. The decision was taken after a vocal group of pro-nuclear countries, led by France, and pro-gas governments in southern and eastern Europe, demanded the taxonomy should not punish energy sources that provide a bulk of their power generation....

The draft taxonomy text says nuclear power should be considered a sustainable economic activity as long as EU countries that host power stations can safely dispose of toxic waste and meet a criteria to cause "no significant harm" to the environment. The construction of new nuclear plants will be recognised as green for permits granted until 2045, says the text.  ..........  https://www.ft.com/content/7872a05f-9e38-4740-9b1b-4efc69ca316c  

 This free site is ad-supported. Learn more
​