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The implementation of the Delegated Act will test both the EU’s credibility and investors’ appetite to adhere to prescriptive ESG frameworks

The European Commission has released to member states for consultation a draft of the complementary Delegated Act of the EU Taxonomy Regulation covering certain gas and nuclear activities. The Commission notes that in light of respective assessments "it is necessary to recognise that the fossil gas and nuclear energy sectors can contribute to the decarbonisation of the Union's economy."

Nuclear energy must be included in the framework of the European taxonomy before the end of this year, energy and economy ministers from ten EU member states said in a joint article published in several European newspapers yesterday. The ministers said nuclear energy is "an affordable, stable and independent energy resource". They noted it protects European consumers from price volatility and contributes to national energy security.

Nuclear energy must be included in the framework of the European taxonomy before the end of this year, energy and economy ministers from ten EU member states said in a joint article published in several European newspapers yesterday. The ministers said nuclear energy is "an affordable, stable and independent energy resource". They noted it protects European consumers from price volatility and contributes to national energy security.

27 July 2021 Share Nuclear energy must be included in a delegated act of the European taxonomy, 18 trade unions in the energy sector from 10 European Union countries have told Ursula von der Leyen, president of the European Commission (EC). In a joint letter, the unions called for "a dialogue with the purpose of nuclear energy to play its full potential and build an economically efficient and socially just carbon-free Europe by 2050". The European Commission building in Brussels (Image: Pixabay) In January, 13 trade unions representing energy and nuclear workers wrote to von der Leyen saying ...