| 1 February 2023, Wednesday |

Germany warns plan to label nuclear energy sustainable is ‘risky and expensive’

Germany has objected to draft EU plans to identify nuclear power stations as an ecologically beneficial energy source capable of assisting nations in meeting their climate change targets.

Ministers said on Saturday that Chancellor Olaf Scholz’s new three-party coalition government expressed their concerns in a written letter to Brussels.

The EU intends to define rules for green investments, assisting climate-friendly initiatives in attracting private financing and combating “greenwashing,” which occurs when investors and businesses exaggerate their eco-credentials.

“As the federal government, we have once again stated unequivocally our opposition to the inclusion of nuclear energy.” “It’s hazardous and expensive,” Vice Chancellor and Economy Minister Robert Habeck remarked.

The German government also mentioned the absence of safety criteria for nuclear power facilities in the letter, which was issued by the Economy Ministry.

“Serious incidents posing enormous, cross-border, and long-term risks to individuals and the environment cannot be ruled out,” the letter stated.

It went on to say that the long-term storage of radioactive waste remained a mystery.

The EU standards have been postponed for a long time, with nations divided on whether nuclear energy and natural gas deserve a green label.

The German government has stated its support for a temporary green label for natural gas as a stopgap measure on the EU’s route to climate neutrality.

“Gas-fired power plants can help accelerate the transition to renewable energies and reduce emissions in the energy industry as a whole,” the report concluded.

Throughout the months of debate on the plans, Germany and other EU member states argued that gas expenditures were necessary to assist them transition away from more polluting coal.

Others argued that labeling a fossil fuel as green would weaken the EU’s reputation as a worldwide leader in combating climate change.

Nuclear energy that produces no emissions is also polarizing.

France, the Czech Republic, and Poland are among those who believe nuclear power should play a significant role in reducing global warming. Austria, Germany, and Luxembourg are among those who reject the bill.

The European Commission anticipates that a final draft will be adopted before the end of the month.

Germany’s last nuclear power plants are set to shut down this year.

  • The National News