At the start of February, the European Commission finalized the proposal to add nuclear energy and natural gas-fired power generation to the European Union’s sustainable finance taxonomy, “subject to clear limits and phase-out periods.”
Nuclear energy is arguably better placed in a renewable fuels mix, as long as there is proper provision for waste management and decommissioning. At 6 grams of carbon dioxide equivalent per kilowatt hour, it is a fraction of gas, which has carbon intensity of 418 gCO2e/kWh, four times the EU’s classification limit.
EcoAct, a climate consultancy based in London, argues that including gas in the taxonomy could lead to capital flows to the natural gas sector and delay the EU’s net-zero transition. The firm also thinks the move undermines the taxonomy’s robustness.
Sorry, a technical error occurred and we were unable to log you into your account. We have emailed the problem to our team, and they are looking into the matter. You can reach us at cs@lubesngreases.com.
Click here link to homepage
Comments are closed.