MEPs in the Environment and Economic Affairs committees have rejected the classification of fossil gas and nuclear power as environmentally sustainable under the EU Taxonomy - the EU s "green" investment guidebook. With an absolute majority, MEPs passed a first crucial step by voting down a list that would give a green label to fossil gas and nuclear power despite their nefarious environmental impacts.
The effort to steer public and private money toward nuclear power stations and gas-fired generators in the European Union was criticized as greenwashing.
The European Commission has today bowed to pressure from France and others, by publishing a set of sustainable finance rules which will do huge damage to the EU and global environmental action.
greenstuffThe European Union’s scientific and political communities are locked in a battle over whether gas and nuclear can be considered green investments.