The role of nuclear energy in reducing greenhouse gas emissions is once more a topic of discussion at the United Nations Framework Convention on Climate Change (UNFCCC) negotiations, the latest of which are taking place this week in Accra, Ghana. Proposals are being made to reintroduce nuclear projects into both the Clean Development Mechanism and Joint Implementation (CDM and JI).
Meanwhile, Dr R.K. Pachauri, the chairman of the UN's Intergovernmental Panel on Climate Change, stated yesterday that "nuclear energy is the best option to curb carbon emissions".
The Kyoto Protocol, the international agreement to limit greenhouse gas emissions for the period 2008-2012, included the CDM and JI mechanisms, which were designed to allow developed countries to get credit for carrying out emissions-reduction projects in developing and other developed countries. At the end of fractious negotiations, the delegates decided to place heavy restrictions on the use of credits arising from nuclear projects, effectively excluding nuclear energy projects from the Kyoto Mechanisms.
Delegates are now negotiating what regime should follow for the second commitment period, starting in 2013. The reintroduction of nuclear projects is under discussion, alongside projects involving carbon capture and storage (CCS) and emissions save through changes in land use and forestry.
In previous negotiations some of the key concerns raised have been due to the potentially large contribution that nuclear energy could make to emissions reductions. The amount of emissions saved from nuclear energy projects by 2030 is estimated to be larger than the entire annual supply of credits expected to be generated annually over the next five years, leading to a lowering of the price of CDM credits. In addition, there are concerns that nuclear CDMs could be so successful in reducing emissions in developing countries that the sponsoring developed countries would need to put a lot less effort into reducing their own emissions.
Such concerns seem perverse. If the inclusion of nuclear energy projects can reduce the cost of emissions reductions isn't that a good thing? With many countries looking like they will struggle to meet their modest targets for 2008-12 it hardly seems likely that long-term over-achievement is a serious proposition. If the inclusion of nuclear projects will make it so easy to reduce emissions then that will allow the international community the opportunity to set more challenging emissions targets, which are likely to be needed if we are to successfully combat climate change.