Investor groups have criticised the European Commission’s plan to label fossil gas projects as “green” under the EU sustainable finance taxonomy, saying it undermines the investment guide’s purpose...
EU puts green label for nuclear and gas officially on the table
The European Commission on Wednesday (2 February) proposed including nuclear and gas power in the bloc’s sustainable finance taxonomy, recognising their contribution to the EU’s 2050 climate...
Europe Is Losing Nuclear Power Just When It Really Needs Energy
As the Fukushima disaster unfolded in Japan in 2011, then-German Chancellor Angela Merkel made a dramatic decision that delighted her country’s anti-nuclear movement: all reactors would be ditched.
EU Commissioner McGuinness defends gas, nuclear in green investment guidance
The EU’s Financial Services Commissioner Mairead McGuinness defended the inclusion of nuclear and gas in the executive’s proposal for sustainable investment guidelines in an interview with Brussels...
The Green Brief: Who wants to kill the EU taxonomy?
The deadline for EU countries to provide feedback on the European Commission’s proposal to include nuclear energy and fossil gas in the EU’s sustainable finance taxonomy expired on Friday (21...
Czechs want to scrap deadline for nuclear energy in EU plan – report
The Czech Republic is pushing for the European Union to scrap proposed deadlines for investment in nuclear energy, a Czech newspaper reported on Friday, as the EU tries to come up with a plan to...
Germany cries foul over nuclear energy in EU’s green investment rule book
German Chancellor Olaf Scholz's three-party coalition government has voiced its objections to a European Union draft plan to label nuclear power plants as a sustainable energy source in a formal...
EU ministers mull carbon border tax, argue over nuclear’s green credentials
European Union environment ministers gathered in France Thursday (20 January) to mull climate policy and the merits of a carbon border tax, while airing differences on whether nuclear energy can be...