News Formal

Divisive 'green' gas investment rules face EU lawmaker vote

  • 📰 STForeignDesk
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 71%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

BRUSSELS - Two European Parliament committees vote on Tuesday on an attempt to stop the EU labelling gas and nuclear energy as climate-friendly investments, and the outcome could indicate whether th

e full parliament will support or reject the rules next month.

EU countries and lawmakers are split, however, over whether the fuels are green enough to earn that label - and could yet reject the EU proposal. "Artificial incentives to invest in expensive nuclear and fossil energy at the expense of renewables and other sustainable sectors is the last thing we need," said Green lawmaker Bas Eickhout, one of those who submitted the resolution.

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:

 /  🏆 4. in SG
 

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

Singapore Singapore Latest News, Singapore Singapore Headlines

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

US lawmakers agree on China investment curbsWASHINGTON : A bipartisan group of lawmakers said on Monday they have agreed on legislation that would give the U.S. government sweeping new powers to block billions in U.S. investment into China.The measure is part of a bill that would also grant $52 billion to chipmakers to expand operations, a boon to cold war mentality
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »