About: EU taxonomy

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.

Five EU countries form anti-nuclear alliance at COP26

In face of a French-led push to revive nuclear power in Europe, a group of five EU countries led by Germany have banded together to urge the European Commission to keep nuclear out of the EU's green finance taxonomy.

Canfin MEP: ‘Here is my proposal to find the right compromise on gas and nuclear in the taxonomy’

With proper safeguards in place, both gas and nuclear power can be included in the "transition" category of the EU's green finance taxonomy, says Pascal Canfin, a leading lawmaker in the European Parliament.

Germany’s Schulze reiterates opposition to nuclear in EU green finance rules

Germany’s acting environment and nuclear safety minister, Svenja Schulze, reiterated her opposition to nuclear power's inclusion in the EU's green finance taxonomy, saying the upcoming government coalition refuses being placed in front of a fait accompli.

LEAKED: Paper on gas and nuclear’s inclusion in EU green finance rules

A proposal to bring both nuclear power and natural gas into the bloc’s green finance taxonomy is circulating in Brussels. The paper has been branded as a “scientific disgrace” by campaigners who warned it would damage the EU's credibility on green finance.
Energy 01-11-2021

Green MEP: Germany ‘may need some additional gas turbines’ to stabilise renewables

Sven Giegold, a Green MEP who is one of the key negotiators in the German government coalition talks, told EURACTIV that Germany will need "small volumes" of additional gas capacity in order to "stabilise" renewable power on the electricity grid. However, he is opposed to the inclusion of gas in the EU's green finance taxonomy.

Future German Chancellor committed to gas, Greens fall in line

As the European Commission is expected to present the rules for sustainable finance via the EU taxonomy this year, the largest EU state and its future chancellor is more committed to gas than ever.

EU countries ramp up pressure to grant nuclear a ‘green’ investment label

A group of ten European countries have heaped pressure on the European Commission to grant nuclear energy a ‘green’ label under the EU's sustainable finance taxonomy, which acts as a guide to climate-friendly investments.

Germany’s SPD pushes for inclusion of gas in EU green finance taxonomy

The role of gas in the energy transition should be reflected in the EU’s green finance taxonomy, according to the economy and energy spokesperson of Germany's social democratic SPD party, which is expected to lead the next German government coalition.