Scott Posted July 6, 2022 Share Posted July 6, 2022 EU Lawmakers Remove Last Hurdle to Label Gas, Nuclear as Green European Union lawmakers voted to allow natural gas and nuclear energy to be labeled as green investments, removing the last major barrier to potentially billions of euros of funding from environmental investors. Parliament fell short of the 353 votes needed to reject the inclusion of gas and nuclear technology in the EU’s so-called Taxonomy, a list of economic activities deemed in line with the bloc’s transition to climate neutrality. Barring an unlikely objection from member states, it now means the regulation will start at the beginning of next year. The vote means that new gas plants will be able to tap into a fresh pool of money from environmental, social and governance investors, albeit for a limited time and only when those facilities are replacing coal-fired stations. https://www.bloomberg.com/news/articles/2022-07-06/eu-lawmakers-remove-last-hurdle-for-gas-nuclear-as-green 1 Link to comment Share on other sites More sharing options...
wombat Posted July 6, 2022 Share Posted July 6, 2022 (edited) I'm waiting untill Herr Greta makes a statement on the greening of nuclear-power before I comment Edited July 6, 2022 by wombat 2 Link to comment Share on other sites More sharing options...
Popular Post Credo Posted July 6, 2022 Popular Post Share Posted July 6, 2022 I am 100% for renewable sources of energy but I am also realistic enough to know it cannot be achieved overnight. Nuclear can be produced reasonably safely if we stop cutting corners in construction. As we transition to renewables, we will still need to accept the use of fossil fuels for as long as it takes. 5 Link to comment Share on other sites More sharing options...
vandeventer Posted July 7, 2022 Share Posted July 7, 2022 This is good, now if only American Greene's can see the light we might have the lights on for another 6 months but everyone would still be walking to work. Link to comment Share on other sites More sharing options...
KhunLA Posted July 7, 2022 Share Posted July 7, 2022 Yep, rewriting history, now redefining the dictionary. Got to love it. 'stupid' - (adj) - use to describe high intelligence 1 Link to comment Share on other sites More sharing options...
Jaybott Posted July 7, 2022 Share Posted July 7, 2022 12 hours ago, Credo said: I am 100% for renewable sources of energy but I am also realistic enough to know it cannot be achieved overnight. Nuclear can be produced reasonably safely if we stop cutting corners in construction. As we transition to renewables, we will still need to accept the use of fossil fuels for as long as it takes. You should get a job with the Biden administration, however I think you're over qualified. 1 1 Link to comment Share on other sites More sharing options...
placeholder Posted July 7, 2022 Share Posted July 7, 2022 Whatever one thinks about the advisability of using nuclear and natural gas, that was not the issue. The issue is whether or not they are green. While a sort of case can be made for nuclear, the extraction of natural gas is an ongoing environmental disaster. 2 1 Link to comment Share on other sites More sharing options...
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