Environmentalists worry the decision risks greenwashing and diverting money away from renewables
in some gas and nuclear projects as sustainable, a move that has divided member states as the energy transition collides with political reality.
because they don’t rely on such plants, while Germany—which is phasing out nuclear—criticized the green label for atomic power.“A Huge Mistake.” The E.U. Jeopardizes its Climate Goals By Labeling Natural Gas as Green Such plants would have to obtain construction permits by 2030, and have plans to switch to renewable or low-carbon gases by the end of 2035.
“The Commission is making a historic mistake with this proposal. It’s undermining the credibility of the whole taxonomy,” Bas Eickhout, Dutch vice-president of the group, told reporters. “With this, Europe is giving up its global leadership in green finance.”
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