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Green
Future of British Business

UK Plans to Label Gas as a Green Investment to Replace Coal

  • Proposal seen in line with EU taxonomy on green investment
  • Critics say green label for gas undermines renewables push

The UK plans to allow some natural gas projects to be labeled as sustainable in its green investment rulebook due to be published later this year.

Gas is needed as a transition fuel to replace coal in power generation and Britain’s proposals are likely to be in line with European Union measures put forward earlier this year, according to a person familiar with the government’s thinking, who declined to be identified because the discussions aren’t public.