About: EU taxonomy

Cross-party alliance seeks to block nuclear and gas from EU’s green taxonomy

Lawmakers in the European Parliament have formed a cross-party coalition in an attempt to block nuclear energy and fossil gas from receiving a green investment label under the EU's green finance taxonomy.
Energy 08-02-2022

Germany considering lawsuit against EU taxonomy

Germany’s vice-chancellor Robert Habeck said on Monday (7 January) that Berlin would examine a contentious proposal by the European Commission to include nuclear power and fossil gas in the EU’s sustainable finance taxonomy before considering a potential lawsuit.

Investors warn ‘green’ label for gas undermines EU taxonomy

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 of promoting climate-friendly activities.

‘Imperfect but real solution’: Brussels weathers backlash over gas and nuclear

The European Commission on Wednesday (2 February) defied angry dissent from EU governments and protests from green campaigners to give a sustainable finance label to investments in both gas and nuclear power.

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 neutrality goal “subject to clear limits and phase out periods”.
Energy 02-02-2022

German industry scores gas win in EU taxonomy

The European Commission has presented its second delegated act for the EU’s sustainable finance rules and under certain conditions, nuclear power and gas will be labelled “green”, making German industry happy.

EU green label for gas ‘not necessary’, says Germany’s Habeck

In a visit to Brussels on Tuesday (25 January), the German Vice-Chancellor reiterated his opposition to nuclear's inclusion in the EU's sustainable finance taxonomy, saying “we don’t need” a green investment label for atomic power – and nor for gas either.

Germany takes firm pro-gas stance in green taxonomy feedback to EU

In its feedback to Brussels over the EU's sustainable finance taxonomy, Berlin reiterated its opposition to nuclear power while calling on the European Commission to ease restrictions on fossil gas in the transition to a low-carbon energy system.

Fury in Parliament as EU green taxonomy deadline expires

EU lawmakers from across the political spectrum are furious about the European Commission’s refusal to adequately consult them on a draft proposal to label gas and nuclear as a "transitional" source of energy, parliamentary sources have told EURACTIV.
Health 20-01-2022

Europe’s mental health in decline and EU taxonomy ‘under fire’

This week our podcast focuses on the rise of the suicide rates amongst Europe's youth, the increase of depression among EU citizens, what has been done and what can we do better.

EU advisers concerned about plan for green labels on gas, nuclear investments

Experts advising on the European Union's sustainable finance taxonomy are concerned a draft plan to include gas and nuclear relies too heavily on promises to make those fuels green in future, rather than assessing their real impact today.

‘Misunderstanding’ could block nuclear from claiming green EU label, industry warns

Ambiguities and misunderstandings contained in a draft EU proposal could block nuclear power plants from claiming a green investment label under the bloc's sustainable finance taxonomy, the industry has warned.

EU delays deadline on green investment rules for nuclear and gas

The European Commission said on Monday (10 January) it has delayed to later this month the deadline for experts to give feedback on divisive plans to allow some natural gas and nuclear energy projects to be labelled as sustainable investments.

Green finance row splits Berlin

The EU is in the final stages of honing its green finance rules and a leaked draft proposing that nuclear and gas should receive the label for the transition has prompted complaints from Berlin. But positions differ even inside the new German coalition government

LEAK: EU drafts plan to label gas and nuclear investments as green

The European Union, has drawn up plans to label some natural gas and nuclear energy power plants as "transitional" or "green" investments provided they meet specific criteria such as displacing more polluting coal plants.
Energy 23-12-2021

Belgium will close all nuclear reactors by 2025

Belgium will shut down all seven of its nuclear reactors by 2025 but will not close the door on new-generation nuclear technology, according to a deal reached Thursday (23 December) by the coalition government.
Energy 10-12-2021

Gas and nuclear: Fate of EU green taxonomy ‘now in the hands of von der Leyen’

European Commission President Ursula von der Leyen has taken charge of a soon-to-be-published list of sustainable investments amid controversy around the possible classification of fossil gas and nuclear energy as "green" or "transitional" activities under certain conditions, according to several sources familiar with the process.
Mairead McGuinness

EU passes first chunk of green investment rules, gas and nuclear still to come

The European Union has passed the first part of its rulebook on climate friendly investments, which from next year will define which activities can be labelled as green in sectors including transport and buildings.
OpinionPromoted content

Europe must support nuclear energy

Across the globe nuclear energy is being developed. If European Union policy-makers are serious about halting global warming and accept scientific findings, they should include nuclear in the so-called taxonomy to meet EU climate goals.
Energy 03-12-2021

Macron in favour of integrating nuclear into EU green taxonomy

President Emmanuel Macron said he was in favour of "nuclear power being integrated into the taxonomy" on green finance in an address before the European Committee of the Regions on Wednesday (1 December). EURACTIV France reports.

Finland set to reject EU taxonomy rules over biomass

Finland has come out against the EU's draft “Taxonomy Climate Delegated Act” saying the proposed classification of biomass under the EU's green finance rules goes against the country's national interest.
Energy 19-11-2021

German coalition talks stumble over role of gas in EU taxonomy

The scramble over the role of gas and nuclear in the EU's sustainable finance rules has become a source of tension in the German government talks as the country's first ever three-party coalition is being negotiated in Berlin.

Austria ready to sue EU over nuclear’s inclusion in green finance taxonomy

Austria’s energy and climate minister Leonore Gewessler told EURACTIV in an exclusive interview that her country was ready to go to court if the EU decides to include nuclear power into the bloc's taxonomy on sustainable finance.

Scholz silent as progressive lawmakers weigh in on EU taxonomy debate

As the debate on whether to include nuclear power and gas in the EU's sustainable finance taxonomy continues, progressive lawmakers in Germany and the European Parliament have released a joint statement to weigh in on the debate.