EU’s richest countries squabble over subsidies – Bloomberg ...News

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Germany and France can’t agree on how much funding nuclear energy should be granted France and Germany have failed to find a compromise over the amount of government funding that should be allocated to extending the life of nuclear reactors, Bloomberg reported on Tuesday, ahead of a meeting of EU energy ministers in Luxembourg. The dispute over how to use state-backed two-way CFDs [contracts for differences] for nuclear risks is stalling the region’s green agenda, as the chances of a deal that would scale up renewable power rests on agreement between the two nations. So far, Germany has completely phased out nucle

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