Nuclear Energy excluded from Green Stamp

A brown list was published by the European Parliament to prevent greenwashing, where the investors need to disclose their financial products with sustainability objectives. 

The brown list includes the names seen as damaging for the environment, rejected by the parliament. In the US, nuclear-based power generation is limited to almost 100 plants, which could be tripled with the use of next-generation solutions. 

Nuclear power was rejected as too expensive, although, it received heavy subsidies in the past.  It poses serious risks to health where children exposed to radioactive pollution face issues, and it generates wastes, which cannot be safely stored. It is too slow and after two decades, only 10 percent of global needs are met by it. 

A deeper reduction in greenhouse gas is needed to meet the target reduction and the governments are taking steps to eliminate the emissions by increasing investment in sectors like wind and solar.  

The discussion about the energy economy involves ways to increase efficiency and domestic production.  The growing economies need to adopt mechanisms to generate renewable energy and the recent reports find the use of newer technologies towards clean energy is economically beneficial. 

The zero-carbon technologies build on windmills, solar cells, nuclear plants, batteries, and electric vehicles can be employed in construction and operations. 

Fossils are used for heating homes, buildings and for providing heat to industries and PVs, and wind energy can be used instead of coal and gas to neutralize emissions.

Such technologies can be used to fulfill the power demand in transportation, where car engines running on gasoline are less productive, and typically, run at 25 percent efficiency. 

The use of electric battery cars can provide a mainstream solution to increase performance and reduce the cost of transportation, while, decarbonizing the environment. 

New developments in Fusion 

More new developments in nuclear power show the researchers are trying to capture the energy from the Sun to generate electricity from solar panels, which turns photons of light into electricity. 

Wind turbines and panels can capture this energy but the best way is to use the mechanisms for producing energy used by Sun to fulfill the requirement. 

The forces - gravity and the electromagnetic energy that attracts and repels the charged particles, and the nuclear forces that hold the nuclei of atoms, can be manipulated to generate power from the bonds that hold the nucleus together where the tiny mass of the atom nuclei can produce huge energy. 

This may require strong lasers to pressurize and heat small pellets of fuel. In the last ten years, several private fusion startups were started and now this industry is growing where some firms have created and harnessed such electricity in the lab.

Currently, several companies and governments are exploring the options of manipulating such fusions. Some innovative technologies can be used to create higher magnetic fields needed to generate it. 

Innovative technologies can be used to reduce the cost of production and commercialization, though the researchers are almost close to harnessing the basic source of light in Sun and creating a replica of it, to fulfill the need for electricity.