European Parliament labeling natural gas and nuclear power as green is ‘frustrating’
MEMBERS of the European Parliament on Wednesday voted 328 in favor and 278 against a proposal to temporarily classify natural gas and nuclear power as environmentally sustainable.
The European Commission proposed earlier this year that energy sources be included in a taxonomy of environmentally sustainable economic activities, a classification system intended to encourage green investments, as “transition solutions”. as the 27-nation bloc moves towards renewable energy.
Investments in certain nuclear power plants and natural gas power plants using the latest technologies can therefore be qualified as sustainable investments, according to the EU.
Iiris Suomelavice-president of the Green League, described the outcome of the vote as “extremely frustrating” for the climate.
The purpose of the taxonomy, she recalled, is to ensure that investments effectively target solutions that combat the climate crisis and to ensure that investors making sustainable decisions do not inadvertently support activities harmful to the environment. environment.
“Now that guarantee is lacking,” she wrote.
“The taxonomy is not about prohibitions but about providing information to investors. The classification should absolutely be based on research data – not a purely political game, which is clearly more important than research for some politicians.
“Natural gas is a fossil fuel whose use generates emissions that accelerate global warming. These facts do not change even if you claimed that gas was a sustainable form of energy.
The granting of the green label to natural gas was also questioned from another point of view, writes Helsingin Sanomat. Inna Sovsun, a member of the Ukrainian parliament, reminded European lawmakers the day before the vote that classifying natural gas as a green investment would be a way to indirectly support Russia.
“The EU cannot support Ukraine and, at the same time, build a society based on cheap Russian natural gas,” she told the European Parliament on Tuesday.
“[Russian President Vladimir] Cheese fries rubbing hands with joy today,” she tweeted after the vote results were released on Wednesday.
Aleksi Teivainen – HT