Reuters reports that France, the Czech Republic, and others are pushing for nuclear in the EU’s green investment rules.
- The EU is aiming to steer private capital investments to focus more on clean energy sources.
- Currently the EU does not define nuclear energy as a green investment, despite the fact that it is a source of carbon free power.
- While the proper role of government does not include directing private investments, if the EU wants to meaningfully address climate change while providing consumers with reliable power they should look to label nuclear energy as a green investment.
“The countries have long pushed for nuclear to be included as a means of achieving the bloc’s climate goals, although the recent spike in energy costs, especially for gas, have added weight to the debate with the region heavily reliant on Russian imports.”
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