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  • By The Financial District

EU Lawmakers Back Gas, Nuke As Sustainable Energy Sources

On July 6, 2022, European Union (EU) lawmakers voted to include natural gas and nuclear energy in the bloc's list of sustainable activities, backing a proposal from the EU's executive arm that has drawn fierce criticism from environmental groups and will almost certainly result in legal challenges, according to Samuel Petrequin and Raf Casert for the Associated Press (AP).

Photo Insert: Last month, EU MPs from the environment and economy committees protested the plan, setting the stage for Wednesday's decisive vote in Strasbourg, France.


Since the EU seeks to establish the highest global standards in the battle against climate change, the decision might tarnish the bloc's image and call the region's goal of achieving carbon neutrality by 2050 into question. The European Commission made the idea earlier this year as part of its aims to construct a climate-friendly future, splitting member countries and sparking outrage from environmentalists over what they call "greenwashing."



Last month, EU MPs from the environment and economy committees protested the plan, setting the stage for Wednesday's decisive vote in Strasbourg, France. MPs, however, rejected their resolution by a vote of 328-278, with 33 legislators abstention. The outcome was revealed amid a round of applause.


To veto the measure, an absolute majority of 353 votes was required. If the European Parliament and member countries do not object by July 11, the so-called Taxonomy delegated act will enter into force and apply beginning next year, according to Frank Jordans and Kirsten Grieshaber of AP.


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

Greenpeace immediately stated that it will make a formal request for internal review to the European Commission, and if the conclusion is not decisive, it will pursue legal action at the European Court of Justice (ECJ).


“It’s dirty politics and it’s an outrageous outcome to label gas and nuclear as green and keep more money flowing to (Russian President Vladimir) Putin’s war chest, but now we will fight this in the courts,” said Ariadna Rodrigo, Greenpeace’s EU sustainable finance campaigner.


European Parliament rapporteur Bas Eickhout rued “a dark day for the climate and the energy transition.”



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