EU delays deadline on green investment rules for nuclear and gas

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The European Commission said on Monday it has delayed to later this month the deadline for experts to give feedback on divisive plans to allow some natural gas and nuclear energy projects to be labelled as sustainable investments.

The Commission drafted a plan late last year to add some gas and nuclear investments to the European Union's "taxonomy," its rule book to define which investments can be labelled as climate-friendly in the EU.

Brussels said on Monday its expert advisers will have until Jan. 21 to provide feedback on the draft proposal, rather than until Jan. 12 as initially planned."The deadline has been postponed by a week and the reason is basically to give a bit more time to the platform to provide its views," European Commission Chief Spokesperson Eric Mamer told a news briefing, referring to the "platform" of advisers from industry, NGOs and the finance sector.

The Commission shared the draft with its advisers late on New Year's Eve, setting a deadline that campaigners said was too short and limited scrutiny of the rules - suggestions rejected by the EU's executive.

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EU Minister Calls For $586 Billion Investment In Nuclear EnergyThe European Union wants to classify nuclear and gas as 'green energy.' That's a lie twice told. Nuke is nuke & you see how many crazy ppl out there. Solar is flooded with scam, making the providers, distributors even more rich, they pay ppl peanuts for the export into the grid and they sell it back for full price. Off-grid for small ppl with cheap LFP greencryptoclub So, $586 billion to invest into a $40 billion total U market. Hilarious! Many will become millionaires in this bull run, we may see weakness short term but long term this is such a no brainer
Source: cleantechnica - 🏆 565. / 51 Read more »