The two expert groups, which were assigned by the European Commission to assess the role of nuclear energy in the green finance taxonomy, published their reports last Friday, confirming previous conclusions, but also raising some questions.
The sustainable finance taxonomy is a package of regulations that governs investment in activities that the EU says are environmentally friendly.
The EU’s Joint Research Centre (JRC), the commission’s scientific expert arm, was asked to assess whether the EU should label nuclear power as a green investment. It concluded in April that nuclear fuel qualified as sustainable and does no more harm to human health or to the environment than other electricity production sources already included in the bloc’s taxonomy.
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