Chat with us, powered by LiveChatNo green label to gas and nuclear. Eu Parliament adopts its first position on European Taxonomy delegated act - FASI
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No green label to gas and nuclear. Eu Parliament adopts its first position on European Taxonomy delegated act

|Regulation
15 June 2022

Photo credit: European Union 2022 - Source : EP - Alain RollandIn a joint meeting, the European Parliament's environment and economic committees decided to object the inclusion of certain nuclear- and gas-based economic activities in the list of environmentally sustainable economic activities proposed by the European Commission in the delegated act supplementing the Eu Taxonomy (Regulation 2020/852).

With 76 in favour, 62 against and 4 abstentions, MEPs "acknowledged the role of nuclear and fossil gas in ensuring a stable energy supply during the transition to a sustainable economy" - the text reads - while describing them as inconsistent with the four criteria in Article 3 of the regulation considered for qualifying an economic activity as environmentally sustainable.

In adopting its position, the European Parliament recalled the the EU Sustainable Finance Platform, which on January 21, 2022 stated that the relevant activities included in the D

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