Thu, 02/03/2022 - 12:26
The EU Commission has presented its new taxonomy for sustainable investments. As expected, natural gas and nuclear power will be considered green energies as of 2023, subject to certain conditions. Austria and Luxembourg have announced that they are ready to go to court over the decision and other EU states also openly oppose the move. A majority in the EU Parliament or a veto by at least 20 member states could still overturn the decision. Europe's press is divided.