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Sarkozy Makes Nuclear Energy Plea

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by Peggy Hollinger and Ed Crooks

March 8, 2010

President Nicolas Sarkozy of France on Monday called for an international effort to finance civil atomic energy in developing countries, with an appeal to the World Bank to reverse a 50-year abstention from funding the construction of nuclear reactors.

President Nicolas Sarkozy of France on Monday called for an international effort to finance civil atomic energy in developing countries, with an appeal to the World Bank to reverse a 50-year abstention from funding the construction of nuclear reactors.

The French president also urged the United Nations to extend carbon credits to nuclear investments to help overcome funding issues that could lead to a “distortion of developing countries’ investment choices”.

Mr Sarkozy, speaking at a government-hosted conference on civil nuclear power in Paris, said he could “not understand, nor will I accept, the ostracism of nuclear energy in international financing. The current situation means that countries are condemned to rely on more costly energy that causes greater pollution.”



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