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Environment & Energy Report

Sustainable Finance Disagreement in European Union Goes Nuclear

May 14, 2020, 8:01 AM

Billions of euros of low-carbon energy investment could be at stake in an obscure European Union dispute about whether or not to set up a committee.

The committee, if established would study whether nuclear power generation should be considered sustainable. It is a proxy for a disagreement among EU countries about the role of nuclear in the bloc’s plans to become a net-zero emissions economy by 2050.

Countries that generate part or most of their electricity from nuclear, including France, the Czech Republic and Romania, want the committee set up as soon as possible, according to Jessica Johnson, spokeswoman for...

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