EU labels nuclear power & gas as sustainable despite internal protests

By Nikita Chaurasia  | Date: 2022-02-04

EU labels nuclear power & gas as sustainable despite internal protests

The European Commission has reportedly stirred controversy over the role of nuclear energy & gas in the clean energy transition after it proposed new regulations on what can be labeled a ‘green investment.’

Following one year of heated debate, the Union recently announced that it would consider gas & nuclear energy to be ‘sustainable’ under certain terms, meaning these energy sources will be used to help in phasing out harmful energy sources.

Parties in favor of this mandate believe that the technologies will provide a consistent source of energy in the absence of sufficient sunshine and wind. However, delegates opposing the proposition say that there are already enough existing nuclear & gas plants that can be utilized to maintain a reliably consistent power grid.

On the basis of scientific advice and ongoing technological progress, the EU believes that private investment may have an important role to play in gas & nuclear activities during the energy transition.

Notably, the EU has pledged to reach a threshold of zero net greenhouse gas emissions by 2050, which is a milestone that researchers have concluded to be pivotal for preventing catastrophic effects of climate change. By 2030, the European Union seeks to cut down emissions rates by over 50% as compared to 1990 levels.

To accomplish this target, the bloc will have to use a grid that operates on carbon-free energy. But the ratio of renewables to be used in the grid, like solar and wind versus more controversial energy sources like gas and nuclear power, is yet to be agreed on by the Council.

According to sources, the use of nuclear energy will indicate a higher probability of accidents and concerns regarding the resultant radioactive waste.

Meanwhile, the gas industry, has established itself as a cleaner-burning fuel as compared to fossil fuels, although recent research has pointed out the polluting nature of gas, mainly due to methane leaks.

Source Credit –

https://www.theverge.com/2022/2/2/22914195/eu-nuclear-energy-gas-sustainable-climate-investment

About Author

Nikita Chaurasia     aeresearch.net

Nikita Chaurasia

An accomplished professional in the field of content development, playing with words comes naturally to Nikita Chaurasia. After completing her post-graduate MBA degree in Advertising and PR, Nikita worked across numerous content-driven verticals, undertaking diverse r...

Read More

More News By Nikita Chaurasia

Facebook-owner Meta to share more data on political advertisements

Facebook-owner Meta to share more data on political advertisements

By Nikita Chaurasia

Facebook-parent Meta Platforms Inc has recently announced that it would provide additional data from its public ad database regarding the targeting decisions made by publishers running social and political-issue advertising. As a part of the expan...

Massachusetts finds first 2022 monkeypox case in the United States

Massachusetts finds first 2022 monkeypox case in the United States

By Nikita Chaurasia

The Massachusetts Department of Public Health has recently reported the first case of a rare infection called monkeypox in a man who recently visited Canada. According to Boston’s public department, the identified case is no threat to the pu...

Russia denies plans of blocking YouTube & cutting off from the internet

Russia denies plans of blocking YouTube & cutting off from the internet

By Nikita Chaurasia

The Digital Development Minister of Russia has reportedly stated that the country is not planning to block Google’s video streaming platform YouTube as such a move would affect its users and will therefore be avoided.  It is worth notin...

Indian food delivery giant Swiggy to buy Dineout from Times Internet

Indian food delivery giant Swiggy to buy Dineout from Times Internet

By Nikita Chaurasia

Swiggy, an Indian food delivery giant, has recently announced an agreement with Times Internet to buy Dineout, a dining and restaurant technology platform. Swiggy will use the acquisition to enter the dining out (non-delivery) market, where it will c...

Grocery delivery platform Instacart files for U.S. stock market debut

Grocery delivery platform Instacart files for U.S. stock market debut

By Nikita Chaurasia

Instacart, a grocery delivery service, has announced that it has submitted a provisional registration statement with the Securities and Exchange Commission (SEC), clearing the way for the company to list its shares on the U.S. stock exchange. The ...