The Japan Times - EU nations quarrel over whether nuclear, gas are 'green'

EUR -
AED 3.823403
AFN 79.112634
ALL 98.10997
AMD 415.0708
ANG 1.876424
AOA 950.914404
ARS 1090.13111
AUD 1.659265
AWG 1.876324
AZN 1.780543
BAM 1.949902
BBD 2.102152
BDT 126.965967
BGN 1.955843
BHD 0.392336
BIF 3034.387996
BMD 1.040956
BND 1.408845
BOB 7.194067
BRL 6.185046
BSD 1.041156
BTN 90.014168
BWP 14.400374
BYN 3.407211
BYR 20402.746043
BZD 2.091384
CAD 1.498212
CDF 2961.52069
CHF 0.943445
CLF 0.037397
CLP 1031.910761
CNY 7.570149
CNH 7.580276
COP 4435.515352
CRC 523.618731
CUC 1.040956
CUP 27.585345
CVE 110.670924
CZK 25.141905
DJF 184.998195
DKK 7.460743
DOP 63.925349
DZD 140.627973
EGP 52.378434
ERN 15.614346
ETB 131.212813
FJD 2.408562
FKP 0.857318
GBP 0.845132
GEL 2.976774
GGP 0.857318
GHS 15.832297
GIP 0.857318
GMD 75.989901
GNF 9010.518536
GTQ 8.047658
GYD 217.718333
HKD 8.106452
HNL 26.542023
HRK 7.681788
HTG 135.959418
HUF 410.896542
IDR 16942.710963
ILS 3.675877
IMP 0.857318
INR 90.014678
IQD 1363.652924
IRR 43824.26542
ISK 146.118712
JEP 0.857318
JMD 163.365869
JOD 0.738454
JPY 162.744156
KES 134.803819
KGS 91.031653
KHR 4196.095255
KMF 491.962147
KPW 936.860903
KRW 1496.551746
KWD 0.320917
KYD 0.867671
KZT 542.362128
LAK 22692.850134
LBP 93196.569507
LKR 310.911084
LRD 202.934565
LSL 19.247218
LTL 3.073674
LVL 0.629664
LYD 5.11628
MAD 10.40592
MDL 19.417176
MGA 4913.314063
MKD 61.532474
MMK 3380.985882
MNT 3537.170063
MOP 8.351798
MRU 41.513457
MUR 48.352199
MVR 16.041213
MWK 1807.618576
MXN 21.341379
MYR 4.624455
MZN 66.527331
NAD 19.247084
NGN 1620.768943
NIO 38.306805
NOK 11.742457
NPR 144.023067
NZD 1.8376
OMR 0.400687
PAB 1.041156
PEN 3.870797
PGK 4.166168
PHP 60.73249
PKR 290.062382
PLN 4.224599
PYG 8235.091411
QAR 3.79012
RON 4.975877
RSD 117.153392
RUB 103.312946
RWF 1449.011352
SAR 3.903939
SBD 8.821823
SCR 14.836374
SDG 625.615326
SEK 11.461935
SGD 1.410709
SHP 0.857318
SLE 23.62895
SLL 21828.335792
SOS 594.901562
SRD 36.51657
STD 21545.696434
SVC 9.110444
SYP 13534.515498
SZL 19.247678
THB 35.29727
TJS 11.39496
TMT 3.653757
TND 3.326376
TOP 2.438027
TRY 37.109758
TTD 7.072641
TWD 34.026804
TZS 2628.415263
UAH 43.728335
UGX 3831.429522
USD 1.040956
UYU 45.562189
UZS 13537.638308
VES 57.972478
VND 26117.596848
VUV 123.584438
WST 2.915539
XAF 653.982049
XAG 0.033826
XAU 0.000378
XCD 2.813236
XDR 0.802178
XOF 654.229378
XPF 119.331742
YER 259.250465
ZAR 19.26425
ZMK 9369.860898
ZMW 29.021522
ZWL 335.187546
  • RBGPF

    0.1600

    62.36

    +0.26%

  • SCS

    -0.2200

    11.58

    -1.9%

  • BCC

    -1.2000

    127.92

    -0.94%

  • GSK

    -0.3500

    33.43

    -1.05%

  • RIO

    -0.6100

    61.12

    -1%

  • BTI

    -0.1600

    36.57

    -0.44%

  • NGG

    -1.5400

    60.05

    -2.56%

  • RELX

    -0.2900

    49.26

    -0.59%

  • RYCEF

    0.1500

    7.42

    +2.02%

  • CMSD

    -0.0400

    23.96

    -0.17%

  • CMSC

    -0.0600

    23.49

    -0.26%

  • BCE

    -0.2400

    23.15

    -1.04%

  • JRI

    -0.0400

    12.53

    -0.32%

  • VOD

    -0.1700

    8.38

    -2.03%

  • AZN

    0.2400

    68.2

    +0.35%

  • BP

    -0.3900

    31.13

    -1.25%

EU nations quarrel over whether nuclear, gas are 'green'
EU nations quarrel over whether nuclear, gas are 'green'

EU nations quarrel over whether nuclear, gas are 'green'

Hours before the window for lodging objections closes, EU environment and energy ministers meeting in France Friday differed sharply on a European Commission provision that would classify nuclear and natural gas energy as "sustainable".

Text size:

The controversy pits countries led by France -- where nuclear generates a world-leading 70 percent of electricity -- against Germany, Austria and others in the 27-nation bloc.

Debate over the Commission's so-called "taxonomy" is not on the agenda of the informal, three-day talks in Amiens, but flared nonetheless.

In late December the European Commission unveiled a classification labelling investment in nuclear gas-based energy as sustainable, in order to favour sectors that reduce the greenhouse gas emissions driving global warming.

Nuclear power is carbon-free, and gas is significantly less polluting than coal.

Countries in the European Union had until midnight Friday to suggest modifications.

After that, the Commission -- taking these suggestions into account -- must "rapidly" publish a final text that will be definitely adopted four months later.

Passage in its current form seems more than likely: it would take a majority of deputies in the EU parliament or 20 of the 27 members states to derail it, and critical mass is lacking in both cases.

A letter to the executive European Commission from some European Parliament deputies protesting that the period for suggesting changes was too short has fallen on deaf ears.

And among EU member states, a dozen have backed France's position and the Commission's proposed taxonomy.

Many are central European nations looking to switch from carbon-intensive coal-fired power to natural gas.

"Nuclear is a decarbonised energy," French environment minister Barbara Pompili told journalists in Amiens.

"We cannot deprive ourselves of it at the same time that we need to very rapidly reduce our carbon emissions."

- 'A very bad signal' -

Despite the strong headwinds, anti-nuclear resistance has not subsided.

"It is neither sustainable nor economic", countered Germany environment minister Stefan Tidow. "It is not a green energy."

Luxembourg and Austria have gone even further, threatening to take the case to court if nuclear is certified as sustainable, citing the risk of accidents and the as-yet unresolved problem of nuclear waste.

"It would be greenwashing," Luxembourg's environment minister, Carole Dieschbourg, told AFP.

"And it would send a very bad signal: it is not a transition energy, it takes too long," she added, alluding to the lag time for building nuclear reactors.

Her Austrian counterpart, Leonore Gewessler, said labelling nuclear power as sustainable will "undermine the credibility of the taxonomy" because it does not fulfil the legal criterion of "not causing damage to the environment".

The EU Commission has proposed a measure requiring financial products to specify what percentage of the activities financed involve nuclear energy, a transparency measure that would allow investors to steer clear if they wanted to.

Berlin has expressed reservations about joining Vienna and Luxembourg in a legal challenge.

"For now, we're working on our response, and when the Commission presents a new text we'll analyse it from a legal standpoint," said Germany state secretary for economic affairs and climate action Sven Giegold.

Austria has also objected to tagging gas as sustainable, with The Netherlands -- which backs the label for nuclear energy -- arguing "there is no scientific reason to include" gas.

Polish undersecretary of state for the environment Adam Guibourge-Czetwertynski disagreed.

"Gas replacing coal because there's nothing better in the short term, that makes sense," he said.

Y.Mori--JT