About: green taxonomy

Energy 16-06-2022

French MEPs divided on gas and nuclear in EU taxonomy ahead of key vote

French EU lawmakers are divided on including gas and nuclear power in the EU's green finance taxonomy ahead of a final vote in July, as MEPs recently adopted a resolution opposing a delegated act to that effect, but only by a small margin.

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”.

EU green finance advisors slam Brussels over nuclear, fossil gas

The group of experts advising the European Commission on green finance has criticised plans by Brussels to label gas and nuclear power as a “transitional” source of energy under the EU’s sustainable finance taxonomy.

Labelling unabated gas as ‘green’ risks diverting finance from essential renewables

By encouraging investment in ‘transitional’ gas infrastructure, we risk losing sight of the critical priority: channelling finance toward a massive build-out of renewable power generation, writes Faustine Delasalle.
Energy 19-01-2022

Austria gears up to fight EU ‘green’ nuclear energy plan

As the EU moves to label energy from nuclear power and natural gas as "green" investments, Austria is gearing up to fight this, including with a legal complaint.

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.

Safety concerns raised for third French nuclear plant

France's nuclear regulator said Thursday (13 January) that a possible safety problem had been identified at a third nuclear plant, increasing concerns about the country's power capacity at the height of winter.

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.

Commission to table green investment rules for gas and nuclear early next year

The European Commission plans to finish next year its long-awaited rules on whether to label gas and nuclear energy as climate-friendly investments under EU green finance rules, its environment policy chief said on Monday (20 December).
Climate change 20-12-2021

Code Red for Humanity – or Green Light for more climate destruction?

While activists battle to ensure taxonomy paves the way for real climate action, EU political leaders want to rebrand fossil gas and nuclear power as "sustainable", when they are neither sustainable nor green, argue Greta Thunberg and a group of youth climate activists.

Natural Gas is not a transitional fuel, so let’s stop saying it is

Instead of being promoted as "transitional fuel", gas could be better described as a fuel of last resort, with the caveat that it is not the only one: other technologies are advancing into the balancing role for the power systems, writes Julian Popov.
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.
Energy 02-12-2021

EU’s Simson calls for ‘gearshift’ in nuclear power investments

The EU's energy commissioner, Kadri Simson, called for a "gearshift on investments" in nuclear power in order to extend the lifetime of existing power plants and maintain current production levels until 2050. EURACTIV France reports.
Politics 04-11-2021

Merkel’s green legacy under scrutiny as she bids farewell to Macron

French President Macron welcomed acting German Chancellor Angela Merkel on Wednesday (3 November) for her farewell visit. But high-ranking critics accuse the outgoing German government of leaving behind a thorny legacy.