LEAK: EU experts to say nuclear power qualifies for green investment label

(EurActiv, 27 Mar 2021) Experts tasked with assessing whether the European Union should label nuclear power as a green investment will say that the fuel qualifies as sustainable, according to a leaked document.

The European Commission is attempting to finish its sustainable finance taxonomy, which will decide which economic activities can be labelled as a sustainable investment in the EU, based on whether they meet strict environmental criteria.

EU expert advisors last year split over whether nuclear power deserved a green label, recognising that while it produces very low planet-warming CO2 emissions, more analysis was needed on the environmental impact of radioactive waste disposal.

The Commission asked the Joint Research Centre (JRC), its scientific expert arm, to report on the issue.

A draft of the JRC report, seen by EURACTIV and other media outlets and due to be published this week, said nuclear deserves a green label.

“The analyses did not reveal any science-based evidence that nuclear energy does more harm to human health or to the environment than other electricity production technologies,” the report said.

External link

EurActiv, 27 Mar 2021: LEAK: EU experts to say nuclear power qualifies for green investment label