
Russia’s Chernobyl-style reactors to keep operating until the end of the decade
Recent announcements by Russian nuclear officials that they will extend the runtimes of several Chernobyl-style RBMK nuclear reactors shed light on t...
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Publish date: February 10, 2015
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This announcement by the French government comes on the heels of a call for a European CCS target along with increasing recognition by governments and major oil companies, of the reality of the carbon bubble.
While coal makes up only a small share of the French energy mix, the country subsidises new coal energy in third countries through public guarantees from the French export credit agency, Coface. Coface has guaranteed over €1.2 billion of coal projects since 2011, and was the fifth largest subsidiser of coal energy exports from the OECD between 2007 and 2013. The withdrawal of this support will be written into the energy transition for green growth bill, which is currently undergoing examination in the French Senate.
The French Prime Minister, Manuel Valls, has stated that France will no longer be funding coal power construction in developing countries unless they are equipped with CCS. The necessity of this measure was acknowledged in the recently released Synthesis Report of the Intergovernmental Panel on Climate Change which warns that “all fossil fuel power generation without CCS technology should be phased out by 2100 if the world is to keep temperature rise below 2°C, the threshold recommended to prevent dangerous climate change”.
Bellona strongly commends France’s intention to withdraw support for coal construction abroad. Unabated coal use is devastating for the climate; the pre-requisite of CCS for continued French support to coal generation sends a clear signal that business as usual will no longer be rewarded. The IPCC states in clearest terms that the absence of CCS will drive up the costs of reducing global emissions by more than double.
Whereas the conditions and the timetable for the withdrawal of the subsidies is still to be determined, French NGOs have called for the pledge to take effect immediately and have insisted on the importance of France speaking out in the upcoming OECD negotiations on the need for EU-wide withdrawal of subsidies to coal power plants. Bellona agrees that there is no time to waste, and as always words need to be followed by actions.
Recent announcements by Russian nuclear officials that they will extend the runtimes of several Chernobyl-style RBMK nuclear reactors shed light on t...
Europe’s only multi-source, injection-ready CO₂ storage site will more than triple its capacity by 2028. The decision follows an agreement with Stockholm Exergi to transport and store up to 800 – 900 kilotonnes of CO₂ per year. “This decision is years in the making, and the culmination of decades of hard work from many, Bellona included” says Bellona Europa Director Jonas Helseth.
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During a call between President Volodymyr Zelensky of Ukraine and US President Donald Trump, the US leader reportedly floated an unusual idea—that Ky...