Germany plans to decommission its nuclear power plants by end-2022
EU says nuclear and gas are green
Germany and other member states criticise European Commission proposals to include nuclear in sustainable finance taxonomy
The European Commission has set out proposals to add nuclear power and natural gas to its sustainable finance taxonomy, potentially unlocking a new wave of private sector investment in these energy sources despite fierce criticism from Germany and other member states. The Commission has given member states until 12 January to offer feedback on the text of the Taxonomy Complementary Delegated Act, which proposes to classify nuclear and gas investments as green. Gas and nuclear’s inclusion in the green taxonomy would give the private sector confidence to invest in both sectors as legitimate elements of the transition and the EU’s push for net-zero emissions. “The EU taxonomy guides and mobilis
Also in this section
30 January 2025
The UAE’s oil and gas company puts its faith in technologies including CCS and AI to deliver its emission-reduction goals
27 January 2025
Regional state-owned firms are transforming their strategies and leveraging their resources to position themselves as clean energy powerhouses, and to ensure they maintain influence in a low-carbon world
24 January 2025
Progress on the energy transition has slowed or even stopped, with greater societal engagement we can revitalise it
23 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised
