Dubai Telegraph - Austria gears up to fight EU 'green' nuclear energy plan

EUR -
AED 4.022132
AFN 78.843657
ALL 98.718743
AMD 429.019623
ANG 1.960372
AOA 1003.616855
ARS 1178.418276
AUD 1.779127
AWG 1.971095
AZN 1.860672
BAM 1.939668
BBD 2.209305
BDT 132.94192
BGN 1.956613
BHD 0.412767
BIF 3203.029033
BMD 1.095053
BND 1.47369
BOB 7.561184
BRL 6.374314
BSD 1.0942
BTN 94.986379
BWP 15.521907
BYN 3.580707
BYR 21463.032152
BZD 2.198039
CAD 1.542546
CDF 3148.276483
CHF 0.939379
CLF 0.028009
CLP 1074.827002
CNY 8.048691
CNH 8.045095
COP 4711.464073
CRC 562.819143
CUC 1.095053
CUP 29.018896
CVE 110.599973
CZK 25.117328
DJF 194.612523
DKK 7.465012
DOP 68.334213
DZD 146.505963
EGP 56.570203
ERN 16.42579
ETB 142.30185
FJD 2.538443
FKP 0.857832
GBP 0.854037
GEL 3.016855
GGP 0.857832
GHS 16.983781
GIP 0.857832
GMD 78.307675
GNF 9477.680812
GTQ 8.439464
GYD 228.92814
HKD 8.499087
HNL 28.20856
HRK 7.545243
HTG 143.176613
HUF 403.888505
IDR 18435.485308
ILS 4.185403
IMP 0.857832
INR 94.370653
IQD 1434.518986
IRR 46101.717059
ISK 145.116534
JEP 0.857832
JMD 173.009534
JOD 0.776287
JPY 161.868433
KES 141.815082
KGS 95.69786
KHR 4396.635925
KMF 492.228672
KPW 985.553624
KRW 1584.327684
KWD 0.337046
KYD 0.911916
KZT 568.00232
LAK 23718.841014
LBP 98116.718757
LKR 329.377623
LRD 218.599883
LSL 20.543525
LTL 3.233406
LVL 0.662387
LYD 6.072063
MAD 10.455018
MDL 19.422467
MGA 5102.945738
MKD 61.532454
MMK 2299.072055
MNT 3848.27732
MOP 8.745308
MRU 43.637623
MUR 49.156603
MVR 16.874856
MWK 1902.106484
MXN 22.191225
MYR 4.923331
MZN 69.979607
NAD 20.543459
NGN 1719.779957
NIO 40.243428
NOK 11.806365
NPR 151.985578
NZD 1.940797
OMR 0.421611
PAB 1.09421
PEN 4.106995
PGK 4.520103
PHP 62.598141
PKR 307.380541
PLN 4.232269
PYG 8756.176589
QAR 3.986542
RON 4.977451
RSD 117.175019
RUB 94.322329
RWF 1549.499515
SAR 4.112222
SBD 9.114401
SCR 15.715976
SDG 657.581222
SEK 10.925165
SGD 1.466747
SHP 0.860539
SLE 24.923504
SLL 22962.707956
SOS 625.824777
SRD 40.453981
STD 22665.379176
SVC 9.574372
SYP 14237.798771
SZL 20.543494
THB 37.363338
TJS 11.888831
TMT 3.843635
TND 3.371116
TOP 2.564726
TRY 41.597545
TTD 7.421279
TWD 35.701454
TZS 2933.366828
UAH 45.184509
UGX 4041.315359
USD 1.095053
UYU 46.90986
UZS 14208.308677
VES 80.230051
VND 28460.418654
VUV 137.992548
WST 3.156755
XAF 650.375715
XAG 0.035308
XAU 0.000355
XCD 2.959435
XDR 0.810977
XOF 655.386121
XPF 119.331742
YER 268.616047
ZAR 21.13341
ZMK 9856.794043
ZMW 30.737642
ZWL 352.60651
  • RBGPF

    -7.7300

    60.27

    -12.83%

  • RYCEF

    0.8200

    9.2

    +8.91%

  • CMSC

    0.3900

    22.6

    +1.73%

  • NGG

    2.4700

    65.21

    +3.79%

  • SCS

    0.8700

    10.61

    +8.2%

  • CMSD

    0.3700

    22.75

    +1.63%

  • RIO

    3.2900

    55.61

    +5.92%

  • RELX

    3.2300

    48.54

    +6.65%

  • BTI

    0.6600

    40.21

    +1.64%

  • JRI

    0.5200

    11.99

    +4.34%

  • VOD

    0.3900

    8.58

    +4.55%

  • BCC

    8.5100

    98.44

    +8.64%

  • AZN

    1.8600

    66.76

    +2.79%

  • BCE

    0.1300

    21

    +0.62%

  • GSK

    0.3500

    34.48

    +1.02%

  • BP

    1.7900

    27.9

    +6.42%

Austria gears up to fight EU 'green' nuclear energy plan
Austria gears up to fight EU 'green' nuclear energy plan

Austria gears up to fight EU 'green' nuclear energy plan

As the EU moves to label energy from nuclear power and natural gas as "green" investments, Austria is gearing up to fight this, including with a legal complaint.

Text size:

The European Commission is consulting with member states and European lawmakers until Friday on its plans.

A final text could be published by end of the month and would become EU law effective from 2023 if a majority of member states or the EU Parliament fail to oppose it.

"Neither of these two forms of energy is sustainable and therefore has no place in the taxonomy regulation," Environment Minister Leonore Gewessler told AFP in an interview this week in her eighth-floor office overlooking the Danube canal that flows through central Vienna.

"If the Commission continues to work with this proposal and implements it then it is clear that we will take legal action," the Green politician added.

- 'Strong arguments' -

The 44-year-old said Austria had "very, very strong arguments" why energy from nuclear power and natural gas should not be labelled as green and as such she had "great confidence" a complaint at the EU Court of Justice (ECJ) could succeed.

"The question of waste disposal (from nuclear energy) has not been solved for decades... It's as if we give our children a backpack and say 'you will solve it one day,'" she said.

She also noted natural gas produces significant greenhouse emissions.

Austria -- which since 2020 has been governed by its first conservative-Green coalition -- is also lobbying other member states, including Germany, to oppose the commission's proposal.

So far, Luxemburg has indicated it would support a legal complaint, Gewessler said.

"Whatever is labelled green, whatever is labelled sustainable must also actually contain green and sustainable investments," she said, adding renewable energy was "cheaper, more readily available and a safer and better alternative to nuclear energy".

In 2020, the ECJ threw out an appeal by Austria to find British government subsidies for the nuclear power plant at Hinkley Point in breach of the bloc's state aid rules.

- Ghost plant -

Austria itself has only one nuclear power plant at Zwentendorf on the banks of the Danube river about an hour's drive from Vienna -- and that one was never used.

The Alpine nation of nine million people has been fiercely anti-nuclear, starting with an unprecedented vote by its population in 1978 that prevented the plant -- meant to be the first of several -- from providing a watt of power.

Today its massive concrete chimney rises against the grey winter sky.

Zwentendorf lay idle for several decades before it was taken over by Austrian energy company EVN, which maintains it as a training facility for international nuclear engineers.

The switchboards are now covered in glass to protect the buttons from "souvenir hunters", according to EVN spokesman Stefan Zach, while a clock installed for a film shoot is eternally set at five to twelve.

The plant finally began producing electricity in 2009 -- by installing solar panels.

Austria itself targets that all electricity should come from renewable resources by 2030. More than three-quarters already comes from renewable sources.

"Austria is rich in renewable energy... We now have a very high proportion of wind and solar power plants in Austria," Zach told AFP as he walks through the plant's eerily quiet remnants.

"In Austria, nuclear energy is not an option," Zach said, even though he noted electricity imports still include nuclear energy.

R.El-Zarouni--DT