Anti-nuclear Austria files legal challenge to EU green investment rules

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Staunchly anti-nuclear Austria said on Friday it had followed through on a pledge to file a legal challenge to the European Union's inclusion of natural gas and nuclear energy in a list of 'green' investments.

Austrian Energy Minister Leonore Gewessler attends a news conference in Vienna, Austria April 27, 2022. REUTERS/Leonhard Foeger/File Photo

VIENNA, Oct 7 - Staunchly anti-nuclear Austria said on Friday it had followed through on a pledge to file a legal challenge to the European Union's inclusion of natural gas and nuclear energy in a list of "green" investments. At issue is the European Union's so-called taxonomy, a rulebook defining which investments can be labelled climate friendly and designed to guide investors toward green projects that will help deliver the bloc's emissions-cutting targets.the European Commission's proposal in July, paving the way for it to pass into law and prompting Austria to confirm that it would challenge it in the European courts as it had warned for months. Luxembourg said it would support Austria's move.

Gewessler will hold a news conference on Monday to provide details on the legal challenge filed at the Court of Justice of the European Union.aims to clear up the murky world of sustainable investing by ensuring any financial products making eco-friendly claims meet certain standards. Gas-fuelled plants, for example, must switch to low-carbon gases by 2035 and meet an emissions limit.to the inclusion of nuclear energy and natural gas.

 

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The Austrians are living in la-la land. I’m pro wind/solar, but claims they are super green are nonsense. As absurd as making nuke power out to be non-green. We need a balanced approach to get off fossil fuels and examine the pros/cons of every energy solution thoroughly.

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