Europe’s ‘Just Transition’ Funds Should Be Extended To Nuclear :: The Independent Global Nuclear News Agency: The Brussels-based nuclear industry group Foratom has welcomed the EU’s goal of providing financial support to coal-dependant regions to help them in their decarbonisation efforts, but said it regrets the European Commission’s proposal to exclude such funds being used for nuclear plants.
The funding proposal is part of the commission’s “just transition mechanism” (JTM), details of which were announced on Tuesday along with €1 trillion in funding for the European Green Deal, which was adopted by the commission last month and sets out ambitious climate and environmental objectives for the bloc.
The JTM, and an associated just transition fund, was one of the proposals in the Green Deal, which is the major initiative in the bloc’s efforts to become zero-carbon by 2050.
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