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European Union’s recovery plan promotes renewable energy, omits nuclear

European recovery plan omits nuclear, WNN  27 May 2020  .……. the Commission’s announcement of a two-fold recovery plan from the coronavirus pandemic – Next Generation EU – to boost the EU budget with new financing raised on the financial markets for 2021-2024, and a reinforced long-term budget of the European Union for 2021-2027……..

The Commission said the policy fundamentals of the recovery include the European Green Deal, meaning “a massive renovation wave” of buildings and infrastructure and a more circular economy, bringing local jobs; rolling out renewable energy projects, especially wind, solar and kick-starting a clean hydrogen economy in Europe; cleaner transport and logistics, including the installation of one million charging points for electric vehicles and a boost for rail travel and clean mobility in cities and regions; and strengthening the Just Transition Fund to support re-skilling, helping businesses create new economic opportunities.

May 30, 2020 - Posted by Christina Macpherson | EUROPE, politics