Page 22 - Bas Eickhout News Today

Soaring energy prices and a geopolitical crisis over Russias invasion of Ukraine are looming over the European Unions attempts to agree a raft of tougher climate change laws, raising concerns...

Members of the European Parliament are on course for a confrontation with the European Commission over nuclear power and natural gas being designated as sustainable energy sources under green investment regulations.

ECB president Christine Lagarde signalled monetary tightening, but some MEPs underlined a threat to jobs and urged her to keep easy money flowing into the economy.

Dutch MEPs slam Brussels’ decision to label gas and nuclear as green

The European Commission published its final draft of the Delegated Act to the EU Taxonomy Regulation, which seeks to list gas and nuclear projects as potential sustainable investments. The Delegated Act is supposed to classify which financial investments may be labelled as sustainable. The Greens/EFA Group strongly objects to the inclusion of gas and nuclear and urges all Members of European Parliament to vote down the delegated act.

Commission’s move widely criticised as undermining efforts to keep global heating below 1.5C

Luxembourg previously said it would join a lawsuit against the EU if both energy sources were labelled green

Nuclear and natural gas energy plants may be counted as "green energy" investments under new European Commission plans.

A live TV news station covering breaking news and traffic for Colorado Springs, Pueblo, and Southern Colorado with a strong investigative team

Brussels insists the EU can’t reach its climate targets without fossil gas. But critics say the credibility of the EU’s taxonomy is now in doubt.