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The EU Is Deeply Divided Over Nuclear's Role In The Energy Transition

From oilprice.com

While the U.S., the UK, and even Japan are doubling down on nuclear energy in the wake of the energy crisis, the European Union has seen divisions among member states over the role of atomic power in the climate goals only deepen since the Russian invasion of Ukraine and the spike in energy prices. The clash between the pro-nuclear EU members – half of the bloc’s countries that have nuclear power plants – and those opposing the expansion of this form of energy has escalated in recent months. The spat is even hampering the EU from passing the Renewable Energy Directive, which stipulates a binding target of 42.5% ... (full story)

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  • Category: Fundamental Analysis