EU says nuclear and gas are green
Germany and other member states criticise European Commission proposals to include nuclear in sustainable finance taxonomy
The European Commission has set out proposals to add nuclear power and natural gas to its sustainable finance taxonomy, potentially unlocking a new wave of private sector investment in these energy sources despite fierce criticism from Germany and other member states. The Commission has given member states until 12 January to offer feedback on the text of the Taxonomy Complementary Delegated Act, which proposes to classify nuclear and gas investments as green. Gas and nuclear’s inclusion in the green taxonomy would give the private sector confidence to invest in both sectors as legitimate elements of the transition and the EU’s push for net-zero emissions. “The EU taxonomy guides and mobilis
![](/images/white-fade.png)
Also in this section
21 July 2024
Awards experience 20% increase in nominations this year, with submissions from 27 countries
18 July 2024
Platform developed at Scottish university uses advanced simulations and machine learning to find most cost-effective and sustainable combinations of materials for use in carbon capture
18 July 2024
Stockholm Exergi agrees to one of world’s largest deployments of CO₂ liquefication technology to enable transport of emissions captured from biomass power plant
11 July 2024
Watkins will leverage her financial acumen and strategic insight to lead Gulf’s commercial initiatives across media, events, and market intelligence