President Sarkozy would like to improve the financing options for nuclear energy and make it more widespread. Climate change mitigation proponents and cap-and-trade advocates have traditionally been divided over the subject of nuclear energy, due to the long half-lives of radioactive fuel materials and the dilemma of how to dispose of them safely over time.
Nuclear power supporters, like President Sarkozy, argue that these are outdated arguments. There is little risk of a future Chernobyl or Three Mile Island recurrence, they say, using modern technology; it is time for a changed perception towards nuclear power.
I am not qualified to speak on the merits of either side, surely. But I can say that if nuclear power is allowed to participate in the future carbon market, it will have a definite impact on prices and project market characteristics. So with that in mind, here is a recent public article from the Wall Street Journal on President Sarkozy's recent statements and views on this important subject. You can find the original at http://online.wsj.com.
Cheers -- Jon