EU Is Warned Green Label for Gas Would Be ‘Disastrous’ Mistake
- More than 150 nonprofits have urged EU leaders to think again
- French ambassador tweets support for gas under taxonomy
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The European Union must not cave in to pressure to put new gas-fired power stations in its green rulebook if it’s serious about fighting global warming, according to a letter sent to the bloc’s leaders by over 150 nonprofit groups.
To do so would undermine the European Green Deal, “and send a disastrous global signal at odds with the urgent need for climate mitigation efforts,” the authors, which include WWF Europe and Reclaim Finance, wrote in the letter seen by Bloomberg. “New gas investments cannot be deemed compatible with” limiting temperature rises to the critical threshold of 1.5 degrees Celsius, they said.