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AP National Business

EU draft on financing nuclear and gas plants raises ire

KTVZ
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Published 4:59 am

By RAF CASERT and KIRSTEN GRIESHABER
Associated Press

BRUSSELS (AP) — Draft European Union plans that would allow nuclear and gas energy to remain part of the bloc’s path to a climate-friendly future came under immediate criticism over the weekend. In draft conclusions seen by The Associated Press, the EU’s executive commission proposes a classification system for defining what counts as an investment in sustainable energy. Under certain conditions, it would allow gas and nuclear energy to be part of the mix. Both environmentalists and some governing political parties in EU member nations criticized the proposal on Sunday. The plans would have a huge impact on nuclear-fired economies like France and on Germany’s gas-fueled power plants since they might have had to fundamentally change their strategies. 

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