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Britain is preparing to classify nuclear power as a “green” investment

Britain is preparing to classify nuclear power as a “green” investment

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Britain will allow investors to count nuclear energy as a “green” investment, and called it a key technology to reduce greenhouse gas emissions.

About this stated the British government, reports the Financial Times.

Britain’s government has said it will include nuclear power in the country’s “green” taxonomy, a system used by investors to determine whether an investment is sustainable or not.

To this end, a green taxonomy consultation will take place in the autumn, which will propose the inclusion of nuclear power as a “key technology” on our way to net zero, where greenhouse gas emissions equal the amount removed from the atmosphere.

Reporting for companies under this taxonomy will be voluntary for two years, but may then become mandatory.

This move echoes the decision of the European Commission last year include nuclear energy and some types of gas to “green” investments, which caused legal claims from Greenpeace and the coalition WWF and Client Earth.

Read also: Between “green” and Fukushima: is there a future in nuclear energy



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