Subject: Exclusion of nuclear power from the green taxonomy
The group of technical experts on sustainable finance provided the Commission with its report on the list of activities to be considered green for the Union to meet its climate objectives. While it has decided on more than 70 sectors of activity, which alone account for more than 93% of the EU’s carbon dioxide (CO2) emissions, the Group considers that nuclear energy should be dealt with by a group with extensive technical expertise. One member of the Group considers that it is up to the European Commission to decide. In fact, although the Group’s experts argue that the potential role of nuclear energy in the low carbon energy supply is well documented, they are nevertheless concerned about the significant harm it could cause to other environmental objectives, including the circular economy and waste management, biodiversity, water systems and pollution.
However, if we look at the EU’s targets for decarbonisation and CO2 emissions reduction, they will be unachievable without nuclear energy.
Can the Commission therefore say what it is planning to do following the submission of this advisory opinion and whether it wants to include nuclear energy in the green taxonomy or exclude it?