The gas crisis is overshadowing last year’s climate successes

EU includes gas and nuclear in guidebook for ‘green’ investments

Commission’s move widely criticised as undermining efforts to keep global heating below 1.5C

EU includes gas and nuclear in guidebook for ‘green’ investments
Commission’s move widely criticised as undermining efforts to keep global heating below 1.5C

Spanish minister Teresa Ribera: Commission made a ‘big mistake’ labelling nuclear, gas ‘green’,

EU faces down critics over green investment label for gas and nuclear power

Germany considering lawsuit against EU taxonomy

Germany considering lawsuit against EU taxonomy
Germany’s vice-chancellor Robert Habeck said on Monday (7 January) that Berlin would examine a contentious proposal by the European Commission to include nuclear power and fossil gas in the EU’s sustainable finance taxonomy before considering a potential lawsuit.

What a missed opportunity

The EU’s taxonomy does not just affect Europe. There is a clear narrative around how the green labelling for gas is causing a ‘ripple effect’ outside Europe.