five European countries denounce the European Union’s classification of nuclear power as a “green” investment

These states, including Germany, pinpoint the problem of very long-term storage of radioactive waste. France, in favor of nuclear power, supports this classification.

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They say no to a nuclear bonus. Germany, Austria, Denmark, Luxembourg and Portugal estimated, Thursday, November 11, at the COP26 in Glasgow (Scotland), that nuclear energy was “incompatible” with the criteria of the list of investments considered as “sustainable” currently being developed by the European Union. For them, this energy can be harmful to the environment and should therefore be removed from the list.

The European Commission must propose, before the end of the year, a list of energies considered as virtuous for the climate, known as “green taxonomy”. This classification will open access to green finance, giving a crucial competitive advantage to recognized sectors.

In a joint declaration, the environment ministers of the five countries fear that an inclusion of nuclear power in this “green taxonomy” will have a lasting effect on “integrity, credibility and therefore usefulness” from this list. “We urge the European Commission not to jeopardize the courageous path it has taken to make the European Union the premier market for sustainable finance”, they write.

Ten EU states, led by France, had published, in mid-October, an opinion piece supporting nuclear power. Other countries such as Germany, Austria and Luxembourg say they are opposed, pinning the problem of the very long-term storage of radioactive waste. Berlin must have completed its nuclear phase-out in 2022, decided in 2011 after the Fukushima disaster in Japan. The other countries in the call released on Thursday have no nuclear power production.

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