Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Climate change: EU moves to label nuclear and gas as sustainable despite internal row

Climate change: EU moves to label nuclear and gas as sustainable despite internal row

Nuclear and natural gas energy plants could be counted as "green energy" under controversial EU plans just unveiled.

The European Commission says it has decided that both types of energy can classify as "sustainable investment" if they meet certain targets.

But the move has divided the EU, and been fiercely opposed by some members.

Austria's chancellor responded to the news by saying "nuclear power is neither green nor sustainable".

"I cannot understand the decision of the EU," Karl Nehammer said.

He said he would back his environment minister, Leonore Gewessler, in pursuing legal action at the European Court of Justice if the plans go ahead.

"This decision is wrong," Ms Gewessler said. "The EU Commission today agreed its greenwashing programme for nuclear energy and [the fossil fuel] natural gas."

Luxembourg has also said it will join in legal action.

The EU has set itself a goal of becoming climate neutral by 2050 and the Commission argues that to get there, a great deal of private investment is needed. Its proposals are meant to guide investors.


Spain, too, has strongly objected to the idea which was debated for months before being formally proposed on Wednesday.

But those objections are balanced by support from nuclear-using nations such as France. Nuclear energy involves fewer carbon emissions but has different safety concerns and requires disposal of dangerous waste.

Classifying natural gas as "sustainable" also has supporters who argue that some countries which still rely on coal for energy - such as Poland - would benefit from incentives to move to a relatively cleaner supply.

Germany, a powerful country in EU politics, relies heavily on gas in its own energy mix though its environment minister, Steffi Lemke, has criticised the plans.

Battle ahead


EU officials were keen to stress that the change was not a requirement for any state or company to invest in gas or nuclear.

It is instead a highly technical set of rules, called the "EU Taxonomy", about what classifies as "sustainable" so that private investors can decide where to put funds, the commission says.

It also regulates what can be said to be environmentally friendly, so that climate-conscious investors can make informed decisions.

The list is supposed to recognise green projects that make a "substantial" contribution to at least one of the EU's environmental goals, "while not significantly harming any" of them.

Commission officials point to the strict limits on what qualifies. For example, natural gas generation is under a strict CO2 emissions limit, and a requirement to switch to low-carbon gas by 2035. Nuclear power, meanwhile, must be in countries with clear plans and funding for dealing with nuclear waste.

Critics, however, have accused the EU of so-called "greenwashing" - precisely what it says its classification system is supposed to avoid.

But the decision to label both controversial industries as "green" is not yet final.

In addition to the threat of legal action from Austria and Luxembourg, the European Parliament and the council of heads of state have four months to consider the suggestion and object to it.

Commissioner Mairead McGuinness argues that every tool to reach climate targets must be used


The bar is, however, relatively high. In order to block the commission's proposed plans, either a majority of parliament members or at least 20 of the 27 national leaders are needed.

Green parties, which together with independents and others form one of the main power blocs in the European Parliament, are fiercely campaigning against the plan.

But European Commissioner Mairead McGuinness said "we need to use all the tools at our disposal" to reach the climate-neutral target.

Private investment was "key", she said, and the proposals were "setting out strict conditions to help mobilise finance to support this transition, away from more harmful energy sources like coal".


What is climate change?


AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
U.S. and Hungarian Officials Talk About Economic Collaboration and Sanctions Strategy
Technology Giants Activate Lobbying Campaigns Against Strict EU Regulations
Pope Francis Admitted to Hospital in Rome Amid Increasing Speculation on Succession
Zelensky Calls on World Leaders to Back Peace as Tensions Rise with Trump
UK Leader Keir Starmer Calls for US Security Guarantee in Ukraine Peace Deal
NATO Chief Urges Higher Defense Expenditure in Europe
The negotiation teams of Trump and Putin meet directly, establishing the groundwork for a significant advancement.
Rubio Touches Down in Riyadh Before Key U.S.-Russia Discussions
Students in Serbian universities Unite to Hold Coordinated Protests for Accountability.
US State Department Removes Taiwan Independence Statement from Website
Abolishing opposition won't protect Germany from Nazism—this is precisely what led Germany to become Nazi!
Transatlantic Gold Rush: Traders Shift Bullion in Response to Tariff Anxieties and Market Instability
Bill Ackman Backs Uber as the Company Shifts Towards Profitability
AI Titans Challenge Nvidia's Supremacy in Light of New Chip Innovations
US and Russian Officials to Meet in Saudi Arabia Over Ending Ukraine Conflict. Ukraine and European leaders – who profit from this war – excluded from the negotiations.
Macron Calls for Urgent Summit as Ukraine Conflict Business Model is Threatened
Trump’s Defense Secretary: Ukraine Won’t Join NATO or Regain Lost Territories
Zelensky Urges Europe to Bolster Its Military in Light of Uncertain US Backing
Chinese Zoo Confesses to Dyeing Donkeys to Look Like Zebras
Elon Musk is Sherlock Holmes - Movie Trailer Parody featuring Donald Trump's Detective
Trump's Greenland Suggestion Sparks Sovereignty Discussions Amid Historical Grievances
OpenAI Board Dismisses Elon Musk's Offer to Acquire the Company.
USAID Uncovered: American Taxpayer Funds Leveraged to Erode Democracy in Europe Until Trump Put a Stop to It.
JD Vance and Scholz Did Not Come Together at the Munich Security Conference.
EU Official Participates in Discussions in Washington Amid Trade Strains
Qatar Contemplates Reducing French Investments Due to PSG Chief Investigation
Germany's Green Agenda Encounters Ambiguity Before Elections
Trump Did Not Notify Germany's Scholz About His Ukraine Peace Proposal.
Munich Car Attack Escalates Migration Discourse Before German Elections
NATO Allies Split on Trump's Proposal for 5% Defense Spending Increase
European Parliament Advocates for Encrypted Messaging to Ensure Secure Communications
Trump's Defense Spending Goal Creates Division Among NATO Partners
French Prime Minister Bayrou Navigates a Challenging Path Amid Budget Preservation and Immigration Discourse
Steering Through the Updated Hierarchy at the European Commission
Parliamentarian Calls for Preservation of AI Liability Directive
Mark Rutte Calls on NATO Allies to Increase Defence Expenditures
Dresden Marks the 80th Anniversary of the World War II Bombing.
Global Community Pledges to Aid Syria's Political Transition
EU Allocates €200 Billion for AI Investments, Introduces €20 Billion Fund for Gigafactories
EU Recognizes Its Inability to Close the USAID Funding Shortfall Due to Stalled US Aid
Commission President von der Leyen Missing from Notre Dame Reopening Due to Last-Minute Cancellation
EU Officializes Disinformation Code for Online Platforms, Omitting X
EU Fails to Fully Implement Key Cybersecurity Directives
EU Under Fire for Simplification Discussions Regarding Corporate Sustainability Reporting
Shein Encountering Further Information Request from the EU During Ongoing Investigation
European Commission Initiates Investigation into Shein as It Aims at Chinese E-Commerce Regulations
German Officials Respond to U.S. Proposal for Peace Talks with Russia
Senate Approves Robert F. Kennedy Jr. as Secretary of Health and Human Services.
Trump and Putin Engage in Discussions on Ukraine Peace Negotiations Amid Worldwide Responses
Honda and Nissan End Merger Talks
×