Politicians appreciate EC proposal to include nuclear and gas among green investments

According to Environment Minister Anna Hubáčková (KDU-ČSL), the possibility of using nuclear and gas for a transitional period as a replacement for coal will allow the Czech Republic to gradually switch to clean sources for the climate. Fiala and Hubáčková told ČTK. The EC proposal is also welcomed by other politicians, including former Prime Minister Andrej Babiš (ANO) and Minister of Industry and Trade Karel Havlíček (for YES) or Speaker of the Chamber Markéta Pekarová Adamova (TOP 09). Czechia has long called for the inclusion of nuclear and natural gas among green investments.

“The inclusion of nuclear energy among clean energy sources is one of the keys to energy self-sufficiency in the Czech Republic. Our households need it and our industry needs it,” Fiala said. According to him, this is one of the main priorities of the new government. “The proposed material is a good signal. We will do everything in our power to carry out this program for the Czech Republic”, added the Prime Minister. Government spokesman Vaclav Smolka made his statement to the CTK.

“The Czech Republic has been striving for a long time to be able to use nuclear and gas (for a transitional period) as a replacement for coal. This decision will allow us to gradually switch to clean sources for the climate,” Hubáčková told ČTK.

Babiš told ČTK that he had long fought for such a result in the European Union along with other countries. According to him, European Commission President Ursula von der Leyen promised at the last European Council that nuclear and natural gas would be included in the list, despite opposition from Germany and Austria. He therefore welcomed the decision. “It is something that is important for us. It is not possible that nuclear and gas are energies that nobody would like to finance. It would be a disaster for us,” Babiš said.

Adamová also recalled that the Czech Republic had been asking for such a decision for a long time. “The current government shared its position with the previous government, so if the European Commission really does that, it can be considered our success,” she told CTK. “The development of nuclear energy and renewable sources is a way for Czechia to reduce emissions and mitigate our negative impact on global warming,” she added. Deputy Prime Minister and Interior Minister Vít Rakušan (STAN) is also examining the procedure reported by Financial Times.

According to opposition SPD chairman Tomia Okamura, his movement promotes the inclusion of nuclear and natural gas as renewable sources. “This indecisiveness of the leaders of the European Union shows their inconceivability and lack of professionalism,” he told ČTK today. According to him, the warning of the SPD and President Miloš Zeman “about the crazy plan of the European Union called Green Deal” is confirmed. According to him, this makes energy more expensive. “Many experts see the Green Deal as Europe’s energy suicide,” he added.

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According to Havlíček, the “great victory for the Czech Republic” was preceded by demanding negotiations that began in 2019. “The approval of the majority of EU member states and the European Parliament is still missing to confirm the proposal. This is Crucial news for Czechia,” he wrote on Twitter.

Fial’s government could not have wished for a better promise for the new year, commented Lukáš Kovanda, chief economist at Trinity Bank and member of the government’s National Economic Council (NERV). If investments in nuclear and gas-based energy are considered sustainable, banks should have no problem financing them and insurance companies with insurance, he said. “Without this, for example, investing in nuclear energy is extremely risky, which is a fatal problem for the Czech economy, which will find it difficult to do without nuclear in its energy mix in the future”, a- he added.

The European Commission has repeatedly postponed the long-awaited publication of the so-called taxonomy, i.e. the support system for ecological investments. According to the Financial Times, the commission’s proposal assumes that investments in nuclear will be directed for at least the next 20 years and in natural gas for ten years.

According to Pirates Prime Minister and Deputy Prime Minister Ivan Bartoš, his party also considers it significant that the core be recognized as an emission-free source and gas as a transitional source in order to achieve decarbonization goals. “The coalition agreement and the program statement rely on this in the same way,” he wrote to ČTK.

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