The Czechia, which will take over the presidency of the EU in the middle of the year, has long called for the inclusion of nuclear and natural gas on the list of green investments. France is also a supporter of the core.
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Opponents of both technologies, such as Austria and Germany, reject the so-called taxonomy, and Spain is also critical. However, due to some conditions, supporters of nuclear energy are also urging caution.
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The EC plans to give investors instructions on which technologies are worth investing in. Commission officials claim that only projects that meet very strict criteria will be eligible for the Sustainable Investment Label.
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For example, the plan envisages that by 2050, nuclear power plants will have to have deep repositories for their waste that do not yet exist. Possible support will only apply to those projects that replace energy or heat production from coal or other less clean sources.
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The EU executive expects investments to go to nuclear for at least the next twenty years and to gas for ten years.
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