The European Commission will analyze this month the parameters for electric power projects to obtain an official “green” designation. The EU hopes this will help direct personal finance towards cleaner energy. Lawmakers also proposed that the taxonomy would apply to upcoming public finance initiatives.
A draft text of the taxonomy published through EURACTIV would allow some nuclear and herbal fuel power plants to obtain the “green” label. These projects would be “transient” and not completely sustainable, even below the existing average of greenhouse gas emissions.
In a statement, the European Commission said: “Given the existing clinical recommendations and technological progress, as well as the other demanding transition situations between Member States, the Commission considers that herbal fuel and nuclear energy have a role to play in facilitating the transition to a long-running basically renewable energy-based operation.
The regulations would allow nuclear power plants with a plan, budget and waste disposal to obtain green financing, which would apply to projects with a building permit issued before 2045.
Projects to increase the lifespan of existing plants would also be eligible for green investments as long as they “include protection modifications and improvements” in accordance with protection design standards.
Gas-fired power plant projects are expected to obtain building permits before the end of 2030 to get the green label. They also demonstrate their ability to move equivalent coal projects, along with other requirements.
The allocation has drawn complaints from the bloc’s politicians. Luxembourg’s energy minister also said the proposed taxonomy may allow for greenwashing despite its purpose.
Germany’s coalition government opposed the inclusion of the nuclear force, while members of the Green Party coalition also opposed the inclusion of gas. Germany plans to shut down production at all its nuclear power plants until the end of this year in reaction to the 10-year Fukushima crisis. behind.
Environmental Protection Minister Robert Habeck told German news firm DPA that the proposal would “dilute the proper sustainability label. “He continued: “From our point of view, we did not want this addition to the taxonomy rules. We do not expect aprobación. de new proposals.
The coalition’s largest partner, the SDP, has sought to mitigate complaints about the nuclear force to provoke neighboring France. France relies heavily on the nuclear force and has pushed to include nuclear power in the taxonomy over the next year. to neighboring countries adding Germany.
The inclusion also has that of six EU countries, adding Poland and the Czech Republic. On Tuesday, ministers from those countries signed a joint letter to the European Commission including fuel and nuclear power in the green taxonomy.
Previously, EU advisers had recommended a limit of one hundred g of co₂/ kWh for green fuel projects. Gas projects in coal regions already have the EU’s Covid-19 recovery fund.
Consultations on the allocation began on 31 December. Member States will have until 12 January to comment on the draft.