EU decision to label nuclear ‘green’ is key to energy transition and autonomy
Earlier this month, the European Parliament made the historic decision to label investments in nuclear energy as green, marking a major breakthrough for energy transition and security in the EU.
The vote means nuclear power will be added to the European Union’s taxonomy for sustainable activities from 2023 – essentially a set of rules used to define what can be classed as a sustainable investment.
So why is this so important? In short, it gives the green atomic energy sector access to the $8 trillion (and growing) sustainable investment market, so long as projects meet the standards set out in the green taxonomy.
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