Nuclear & Gas “imperfect solutions” to achieving carbon neutrality – McGuinness

2022-02-02

The inclusion of nuclear power and natural gas activities in an EU list of sustainable energy sources for investors was announced today. The new finance rules are part of the EU’s Taxonomy classification system. It’s supposed to help investors identify sustainable economic activities that complement the EU’s environmental and climate objectives. But there’s been outcry from several quarters including some EU governments and environmental groups to the inclusion of gas and nuclear power in the classifi...

The inclusion of nuclear power and natural gas activities in an EU list of sustainable energy sources for investors was announced today.

The new finance rules are part of the EU’s Taxonomy classification system. It’s supposed to help investors identify sustainable economic activities that complement the EU’s environmental and climate objectives.

But there’s been outcry from several quarters including some EU governments and environmental groups to the inclusion of gas and nuclear power in the classification system.

This morning the European Commissioner Mairead McGuinness defended their inclusion saying they were needed to help the transition to renewable energy sources.

Out words: carbon neutrality

Dur: 00:34

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