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Investment in nuclear power totalling around EUR500 billion (USD565 billion) by 2050 will be needed if the European Union’s goal of carbon neutrality is to be hit, the European Commissioner for the Internal Market Thierry Breton has said in an interview with France’s Le Journal du Dimanche.
- Source: World Nuclear News
- Date: Tuesday, 11 January 2022
- Original article: world-nuclear-news.org/Articles/EU-needs-colossal-investment-in-nuclear-to-hit-net
The UK government must make urgent decisions in this Parliament to restore UK nuclear capacity to at least 10 GW based on deployable technologies by the early 2030s, according to a report produced by a cross-party group of Members of Parliament. Meanwhile, the government has announced an earlier target for the phaseout of coal and a bill to reflect the country's freedom from EU state aid rules.
- Source: World Nuclear News
- Date: Thursday, 01 July 2021
- Original article: world-nuclear-news.org/Articles/UK-must-commit-to-at-least-10-GW-of-new-nuclear,-s
Finance must be mobilised at "an absolutely unprecedented level" if a net-zero economy is to be created as rapidly as required, US Special Presidential Envoy for Climate John Kerry said at the Leaders Summit on Climate last week. The magnitude of this challenge means that governments alone "cannot possibly" find all the necessary investment, he added.
- Source: World Nuclear News
- Date: Tuesday, 27 April 2021
- Original article: world-nuclear-news.org/Articles/Banks-present-ways-to-turn-finance-green
The post-COVID economic recovery and the clean energy transition present a huge opportunity from which all nations can benefit, delegates at the IEA-COP26 Net Zero Summit agreed. Over 40 countries, covering more than 80% of global GDP, population and carbon emissions, took part in the event on 31 March to identify how to work together to meet the goals of the Paris Agreement. They included the USA, which re-joined the 2015 climate accord earlier this year.
- Source: World Nuclear News
- Date: Wednesday, 07 April 2021
- Original article: world-nuclear-news.org/Articles/Ministers-chart-the-path-to-COP26
The UK government has called on local communities across the country to put forward proposals to host the UK’s prototype fusion energy power plant. Today's announcement follows Prime Minister Boris Johnson’s Ten Point Plan for a Green Industrial Revolution and the UK’s ambition to be the first country in the world to commercialise fusion energy technology.
- Source: World Nuclear News
- Date: Thursday, 03 December 2020
- Original article: world-nuclear-news.org/Articles/UK-seeks-host-community-for-STEP-fusion-plant
Fatih Birol, executive director of the International Energy Agency, today reiterated that all clean technologies, including nuclear, will be needed for a low-carbon economic recovery, while Frans Timmermans, executive vice-president of the European Commission, stressed that the Commission “would not stand in the way” of EU Member States that support nuclear power. Timmermans was speaking as Birol's guest in the latest edition of the IEA's Big Ideas speaker series
- Source: World Nuclear News
- Date: Tuesday, 27 October 2020
- Original article: world-nuclear-news.org/Articles/EU-Commission-will-not-hinder-pro-nuclear-countrie