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European Union: the fate of nuclear power suspended from green taxonomy

2021-10-18T17:22:33.514Z


DECRYPTION - The stakes linked to the classification of this energy are enormous. In absolute terms, a green buffer from Brussels would allow the sector to finance itself more easily and at a lower cost.


Correspondent in Brussels

Is nuclear compatible with a climate neutral and environmentally conscious Europe?

It is on this explosive dossier that the Commission is expected in the coming weeks.

"

Maybe in November, but it is not confirmed

", explains one within the institution.

Concretely, it is a question of knowing how this energy can enter the “taxonomy”, a register which lists and prioritizes the economic activities considered as virtuous.

Complex debate

The stakes arising from taxonomy are colossal.

If nuclear power obtains the precious European green stamp, then the investments would come easily and at a lower cost.

EDF could then more easily issue green bonds to finance its facilities and so-called “socially responsible” investment funds would turn more to nuclear.

Otherwise, or if this energy were to be relegated to the rank of transitional energy, the financing of

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Source: lefigaro

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