EU's green gas and nuclear investment rules head for final vote

  • 📰 Reuters
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The EU's plan to label investments in gas and nuclear power plants as climate-friendly faces a final vote on Wednesday when European lawmakers decide whether to accept or reject proposals that have divided governments and investors.

The vote is the final hurdle in the European Union's long-delayed decision on whether to add the two energy sources to its "taxonomy", a rulebook determining which investments can be marketed in Europe as being sustainable.

European People's Party lawmaker Christian Ehler said the taxonomy's impact on future investment was not yet clear, but he said its harsh limits on CO2 emissions and other criteria would ensure investments in gas plants complied with climate goals.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Shit show

They just love that oil money

How the eff is natural gas a 'green' initiative? That's like saying you prefer a stab wound to a gunshot wound. I mean, it's true. But they aren't the only two options.

'investors'. That's the problem. The people who make the money off it are also the decision makers

Yes let the politicians decide where to guide private investment. This has never backfired in human history ever.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EU passes rules for regulating 'Wild West' crypto marketThe European Union has become the first major economy to establish a comprehensive regulatory framework for managing cryptocurrency assets. They hate competition 'Managing' The entire point of crypto is autonomy, isn't it? RT Europarl_EN Europe always leads in regulation and compliance SEC_Investor_Ed NewYorkFed markets WSJ first AIFMD USA Form PF. IFRS-9 us CECL… nypost Neil_Irwin zerohedge LuxFinance
Source: dcexaminer - 🏆 6. / 94 Read more »

CoinShares Completes Napoleon Acquisition, Can Now Offer Products Across EU.CoinSharesCo has completed the acquisition of Napoleon Asset Management allowing it to offer its products and services across the EU. By JamieCrawleyCD CoinSharesCo JamieCrawleyCD Oh yeah, everything that takes us closer to mass adoption is good news for crypto! CoinSharesCo JamieCrawleyCD I'd like to know a bit more info about new coins like MXNT
Source: CoinDesk - 🏆 291. / 63 Read more »