The Fort Worth Press - EU nations quarrel over whether nuclear, gas are 'green'

USD -
AED 3.673037
AFN 69.382248
ALL 89.087918
AMD 387.74983
ANG 1.804889
AOA 926.842968
ARS 962.762992
AUD 1.470686
AWG 1.80125
AZN 1.701482
BAM 1.753412
BBD 2.022028
BDT 119.677429
BGN 1.76065
BHD 0.376834
BIF 2902.514455
BMD 1
BND 1.293151
BOB 6.920294
BRL 5.415977
BSD 1.001511
BTN 83.756981
BWP 13.175564
BYN 3.277435
BYR 19600
BZD 2.018612
CAD 1.35814
CDF 2870.000027
CHF 0.84791
CLF 0.033747
CLP 931.169811
CNY 7.068699
CNH 7.074965
COP 4177.88
CRC 518.757564
CUC 1
CUP 26.5
CVE 98.854697
CZK 22.553029
DJF 178.315629
DKK 6.70311
DOP 60.121121
DZD 132.549161
EGP 48.527095
ERN 15
ETB 115.255129
EUR 0.898699
FJD 2.201249
FKP 0.761559
GBP 0.754585
GEL 2.682499
GGP 0.761559
GHS 15.773501
GIP 0.761559
GMD 69.000314
GNF 8653.281514
GTQ 7.741513
GYD 209.457218
HKD 7.79473
HNL 24.842772
HRK 6.799011
HTG 131.977784
HUF 354.168009
IDR 15199.35
ILS 3.768145
IMP 0.761559
INR 83.63905
IQD 1311.8884
IRR 42105.000093
ISK 137.040021
JEP 0.761559
JMD 157.339131
JOD 0.708697
JPY 142.913502
KES 129.189463
KGS 84.27502
KHR 4064.964116
KMF 442.502368
KPW 899.999433
KRW 1330.884964
KWD 0.30503
KYD 0.834476
KZT 479.593026
LAK 22113.742419
LBP 89681.239718
LKR 304.846178
LRD 200.268926
LSL 17.448842
LTL 2.95274
LVL 0.60489
LYD 4.770379
MAD 9.711993
MDL 17.473892
MGA 4512.201682
MKD 55.240768
MMK 3247.960992
MNT 3397.999955
MOP 8.038636
MRU 39.642644
MUR 45.869908
MVR 15.350156
MWK 1736.363229
MXN 19.342215
MYR 4.20954
MZN 63.898241
NAD 17.448842
NGN 1640.320281
NIO 36.851777
NOK 10.509397
NPR 134.027245
NZD 1.604711
OMR 0.38497
PAB 1.001511
PEN 3.759767
PGK 3.976063
PHP 55.690995
PKR 278.532654
PLN 3.83969
PYG 7817.718069
QAR 3.651075
RON 4.469802
RSD 105.201998
RUB 92.827918
RWF 1348.572453
SAR 3.752625
SBD 8.320763
SCR 13.626575
SDG 601.523004
SEK 10.182245
SGD 1.293565
SHP 0.761559
SLE 22.847303
SLL 20969.494858
SOS 572.343029
SRD 29.852974
STD 20697.981008
SVC 8.762579
SYP 2512.529936
SZL 17.433553
THB 33.195964
TJS 10.644256
TMT 3.51
TND 3.033283
TOP 2.349799
TRY 34.035525
TTD 6.806508
TWD 31.981979
TZS 2724.439905
UAH 41.500415
UGX 3718.795247
UYU 41.141269
UZS 12758.480028
VEF 3622552.534434
VES 36.732281
VND 24580
VUV 118.722009
WST 2.797463
XAF 588.099177
XAG 0.032399
XAU 0.000387
XCD 2.70255
XDR 0.742235
XOF 588.078087
XPF 106.919846
YER 250.350183
ZAR 17.478315
ZMK 9001.205037
ZMW 26.062595
ZWL 321.999592
  • RBGPF

    3.5000

    60.5

    +5.79%

  • CMSC

    -0.0350

    25.02

    -0.14%

  • BP

    0.5210

    32.951

    +1.58%

  • BCC

    5.7200

    142.78

    +4.01%

  • SCS

    -0.9000

    13.21

    -6.81%

  • GSK

    -0.4450

    41.985

    -1.06%

  • BTI

    -0.2550

    37.625

    -0.68%

  • NGG

    -1.1250

    68.925

    -1.63%

  • CMSD

    0.0250

    25.005

    +0.1%

  • RELX

    0.7400

    48.11

    +1.54%

  • RIO

    2.3200

    65.23

    +3.56%

  • RYCEF

    0.3800

    6.93

    +5.48%

  • JRI

    -0.0400

    13.4

    -0.3%

  • AZN

    0.6900

    79.27

    +0.87%

  • VOD

    -0.1650

    10.065

    -1.64%

  • BCE

    -0.1900

    35.42

    -0.54%

EU nations quarrel over whether nuclear, gas are 'green'
EU nations quarrel over whether nuclear, gas are 'green'

EU nations quarrel over whether nuclear, gas are 'green'

Hours before the window for lodging objections closes, EU environment and energy ministers meeting in France Friday differed sharply on a European Commission provision that would classify nuclear and natural gas energy as "sustainable".

Text size:

The controversy pits countries led by France -- where nuclear generates a world-leading 70 percent of electricity -- against Germany, Austria and others in the 27-nation bloc.

Debate over the Commission's so-called "taxonomy" is not on the agenda of the informal, three-day talks in Amiens, but flared nonetheless.

In late December the European Commission unveiled a classification labelling investment in nuclear gas-based energy as sustainable, in order to favour sectors that reduce the greenhouse gas emissions driving global warming.

Nuclear power is carbon-free, and gas is significantly less polluting than coal.

Countries in the European Union had until midnight Friday to suggest modifications.

After that, the Commission -- taking these suggestions into account -- must "rapidly" publish a final text that will be definitely adopted four months later.

Passage in its current form seems more than likely: it would take a majority of deputies in the EU parliament or 20 of the 27 members states to derail it, and critical mass is lacking in both cases.

A letter to the executive European Commission from some European Parliament deputies protesting that the period for suggesting changes was too short has fallen on deaf ears.

And among EU member states, a dozen have backed France's position and the Commission's proposed taxonomy.

Many are central European nations looking to switch from carbon-intensive coal-fired power to natural gas.

"Nuclear is a decarbonised energy," French environment minister Barbara Pompili told journalists in Amiens.

"We cannot deprive ourselves of it at the same time that we need to very rapidly reduce our carbon emissions."

- 'A very bad signal' -

Despite the strong headwinds, anti-nuclear resistance has not subsided.

"It is neither sustainable nor economic", countered Germany environment minister Stefan Tidow. "It is not a green energy."

Luxembourg and Austria have gone even further, threatening to take the case to court if nuclear is certified as sustainable, citing the risk of accidents and the as-yet unresolved problem of nuclear waste.

"It would be greenwashing," Luxembourg's environment minister, Carole Dieschbourg, told AFP.

"And it would send a very bad signal: it is not a transition energy, it takes too long," she added, alluding to the lag time for building nuclear reactors.

Her Austrian counterpart, Leonore Gewessler, said labelling nuclear power as sustainable will "undermine the credibility of the taxonomy" because it does not fulfil the legal criterion of "not causing damage to the environment".

The EU Commission has proposed a measure requiring financial products to specify what percentage of the activities financed involve nuclear energy, a transparency measure that would allow investors to steer clear if they wanted to.

Berlin has expressed reservations about joining Vienna and Luxembourg in a legal challenge.

"For now, we're working on our response, and when the Commission presents a new text we'll analyse it from a legal standpoint," said Germany state secretary for economic affairs and climate action Sven Giegold.

Austria has also objected to tagging gas as sustainable, with The Netherlands -- which backs the label for nuclear energy -- arguing "there is no scientific reason to include" gas.

Polish undersecretary of state for the environment Adam Guibourge-Czetwertynski disagreed.

"Gas replacing coal because there's nothing better in the short term, that makes sense," he said.

T.M.Dan--TFWP