EU experts note nuclear power qualifies for green investment label: leaked document

 

Experts tasked with assessing whether the European Union should label nuclear power as a green investment are to say that the fuel qualifies as sustainable, according to a leaked document.

The European Commission is attempting to finish its sustainable finance taxonomy, which will decide which economic activities can be labelled as a sustainable investment in the EU, based on whether they meet strict environmental criteria.

EU expert advisors last year split over whether nuclear power deserved a green label, recognising that while it produces very low planet-warming CO₂ emissions, more analysis was needed on the environmental impact of radioactive waste disposal.

The Commission asked the Joint Research Centre (JRC), its scientific expert arm, to report on the issue.

A draft of the JRC report, seen by Reuters and other media outlets and due to be published shortly, said nuclear deserves a green label.

“The analyses did not reveal any science-based evidence that nuclear energy does more harm to human health or to the environment than other electricity production technologies,” the report said.