Key EU Parliament Groups Reject Green Label for Gas, Nuclear
- Process will now move to wider parliamentary vote next month
- Russia’s war in Ukraine has made proposal more controversial
The Paluel nuclear power plant, operated by Electricite de France SA (EDF), in Paluel, France.
Photographer: Nathan Laine/BloombergTwo crucial committees of European lawmakers rejected plans to label gas and nuclear power as green, marking a win for climate campaigners and environmentally conscious investors who have protested against plans to use the technologies in the energy transition.
Members of the environment and economy committees supported a cross-party objection to the European Commission’s proposal for the two technologies to be included in its so-called taxonomy by a margin of 76-62, with four abstentions. The process now moves to a vote in parliament next month, which if approved would torpedo the addition of gas and nuclear to the list of economic activities that are beneficial for the climate.