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EU committees against green financial label for gas and nuclear

2022-06-14T12:39:11.630Z


EU committees against green financial label for gas and nuclear Created: 06/14/2022Updated: 06/14/2022 2:26 p.m The environment committee in the EU Parliament votes on the EU Commission's proposal to define investments in gas and nuclear power as climate-friendly. © Mia Bucher/dpa The EU Commission wants to temporarily declare gas and nuclear as environmentally friendly. In the European Parliam


EU committees against green financial label for gas and nuclear

Created: 06/14/2022Updated: 06/14/2022 2:26 p.m

The environment committee in the EU Parliament votes on the EU Commission's proposal to define investments in gas and nuclear power as climate-friendly.

© Mia Bucher/dpa

The EU Commission wants to temporarily declare gas and nuclear as environmentally friendly.

In the European Parliament, committees are now voting against it.

But that doesn't mean the plans are completely off the table.

Brussels - The environmental and economic committees in the EU Parliament have spoken out against plans by the EU Commission to temporarily classify nuclear power and gas as environmentally friendly energies.

According to the EU Parliament, the joint decision on Tuesday was passed by 76 votes to 62 with 4 abstentions.

The Brussels authority had proposed including the two energy sources in the so-called taxonomy - a kind of catalog for investors who help projects in the fight against the climate crisis.

The next session of the entire parliament will now be decisive.

If it also rejects the regulation in July, it will not come into force.

The Commission would then have to withdraw or amend its proposal.

The classification as sustainable within the framework of the taxonomy is intended to stimulate investments in certain economic sectors.

Green label “through the back door”

"This is a first smack against the attempt by Commission President von der Leyen to declare nuclear power and gas as green through the back door," said Green MEP Michael Bloss.

It takes every euro for solar and wind power.

The German leader of the Greens, Ricarda Land, also welcomed the decision.

The economic policy spokesman for the Christian Democratic EPP Group, Markus Ferber, emphasized: "There is simply no appetite on the market for a taxonomy with nuclear energy and gas." A sign of a credible standard has been set, according to the CSU politician.

The economic and financial policy spokesman for the SPD MEPs, Joachim Schuster, said on the decisive vote in the plenum: "The decision of the entire European Parliament will show how serious the MEPs really are with environmental and climate protection in Europe."

Environmentalists were also happy about the committee's decision.

"Yeah, yeah, yeah," wrote Fridays for Future activist Lusia Neubauer on Twitter.

And Greenpeace finance expert Mauricio Vargas said: “This is the first step in correcting a historic wrong decision by the EU.

Anyone who wants to call gas and nuclear sustainable would also sell french fries as a salad.” On the other hand, criticism came from the AfD.

She fears that electricity and energy could become even more expensive in Germany.

dpa

Source: merkur

All news articles on 2022-06-14

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