The European Parliament rejected the proposal not to include nuclear energy and gas in the list of environmentally sustainable economic activities.
In particular, the European Parliament, meeting in Strasbourg, today did not oppose the Commission's proposal for a delegated act on the classification. The proposal provides for the inclusion of certain activities in the nuclear and gas sectors in the list of environmentally sustainable economic activities to be covered by the EU classification.
The opposition to the Commission's proposal was rejected by 278 votes in favour, 328 against and 33 abstentions. An absolute majority of 353 MEPs was required to reject the Commission's proposal. If by 11 July 2022 the Council does not object to the proposal either, the delegated act on EU classification will enter into force on 1 January 2023.
The Commission believes that private investment in gas and nuclear energy activities can contribute to the green transition. For this reason, it has proposed to designate certain activities in these sectors as transitional activities that contribute to climate change mitigation. The inclusion of specific activities in the gas and nuclear energy sectors will be valid for a limited period of time and subject to specific conditions and transparency requirements.
The taxonomy regulation is part of the Commission's Sustainable Development Finance Action Plan and aims to stimulate green investment and prevent the projection of pseudo-ecological identity.
Source: CNA
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