Taxonomy CDA: Greenwashed Fossil Gas as a Bridge to Nowhere Stands to Only Benefit a Handful of Countries, Leaving Crucial CEE Region Behind
As the consequences of Europe’s problematic dependency on cheap Russian fossil gas have become all too clear, the European Parliament is facing a watershed moment: whether or not to mark unabated fossil gas investments as green. Not only would such a green marking be in direct conflict with the aims of the REPowerEU Communication, but it would also stand to benefit only a handful of countries. It would be particularly damaging for the green transition in the Central Eastern European (CEE) region and would contribute to continued tight gas markets, enabling the continued financing of the ongo...
Source: bellona.org