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Germany welcomes EU green investment plan on gas, objects to nuclear

by REUTERS

BERLIN Jan 02, 2022 - 9:35 pm GMT+3
Steam rises from the cooling tower of the nuclear power plant of Gundremmingen, Bavaria, Germany, Dec. 31, 2021. (DPA via AP)
Steam rises from the cooling tower of the nuclear power plant of Gundremmingen, Bavaria, Germany, Dec. 31, 2021. (DPA via AP)
by REUTERS Jan 02, 2022 9:35 pm

Germany on Sunday welcomed a plan by the European Union (EU) to label some natural gas energy projects as green investments; however, they emphasized their continuing opposition to the proposal for nuclear power projects, which face widespread criticism in the country.

Germany pulled the plug on three of its last six nuclear power stations on Friday as it moves towards completing a withdrawal from nuclear power that it sped up after the meltdown of a reactor in Fukushima, Japan, in 2011.

"For the German government, natural gas is an important bridging technology on the way to greenhouse gas neutrality against the background of the phase-out of nuclear energy and coal-fired power generation," a government spokesperson said.

"The government's position on nuclear energy remains unchanged. The government remains convinced that nuclear power cannot be classified as sustainable."

While nuclear power produces very low carbon emissions, the European Commission sought expert advice on whether the fuel should be deemed green given the potential environmental impact of radioactive waste disposal.

A draft of the Commission proposal, seen by Reuters on Saturday, would label nuclear power plant investments as green if the project has a plan, funds and a site to safely dispose of radioactive waste. To be deemed green, new nuclear plants must receive construction permits before 2045.

Investments in natural gas power plants would be deemed green if they produce emissions below 270 grams (9.5 ounces) of carbon dioxide equivalent per kilowatt-hour (kWh), replace a more polluting fossil fuel plant, receive a construction permit by Dec. 31, 2030, and plan to switch to low-carbon gases by the end of 2035.

EU countries and a panel of experts will scrutinize the draft proposal, which could change before it is due to be published later in January. The policy has been mired in lobbying from governments for more than a year and EU countries disagree on which fuels are truly sustainable.

In addition to Germany, other countries including Austria and Luxembourg oppose nuclear power. EU states including the Czech Republic, Finland and France, which get around 70% of its power from the fuel, see nuclear as crucial to phasing out carbon dioxide-emitting coal fuel power.

France announced earlier that it adopted more environmentally friendly habits in 2022 under a series of new regulations, including a ban on the use of plastic packaging around a range of fruits and vegetables.

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  • Last Update: Jan 02, 2022 10:35 pm
    KEYWORDS
    green investment european union germany natural gas nuclear power plant green initiatives environment
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