EU Plans to Classify Nuclear and Natural Gas As Green Energy
For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.
Despite what it looks like on The Simpsons, nuclear energy does not glow green. But the European Union may soon call it green anyway.
Leaked documents from Brussels over the weekend revealed the European Commissionis planning to reclassify nuclear power and some forms of natural gas — two controversial forms of energy production — as "green," opening the door to billions of dollars flowing to the new category of sustainable investment. "Excellent," said Mr. Burns.
Source Fool.com
