Have other regions classified nuclear as a “green investment”?

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The Politicus
Jan 04, 2022 04:18 PM 0 Answers
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From the New York Times article "Europe Plans to Say Nuclear Power and Natural Gas Are Green Investments":

The European Union has drawn up plans to classify some nuclear power and natural gas plants as green investments that can help Europe cut planet-warming emissions, a landmark proposal that, if approved, could set off a resurgence of nuclear energy on the continent in the coming decades.

Proponents argue that this classification is necessary in order to transition the grid to 100% zero emissions. The "transitional" nature is built in to the proposal, as investments in nuclear plants only count as "sustainable" through 2045.

Critics argue that this classification will result in a build-up of radioactive waste and increased risk of accidents, and trigger a "nuclear renaissance," resulting in increased waste and risk outside the EU as well.

Have other nations or regions classified nuclear power as "sustainable" like this? What has been the result? I am interested in classifications or policies that treat nuclear similar to "traditional" clean energy sources (wind, solar, hydro, etc) from either a policy or investment perspective.

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  • January 4, 2022