Disbelief at EC’s latest fairy tale

The European Commission (EC) declared on February 2 — in its Taxonomy Complementary Climate Delegated Act (Act)— “that there is a role for private investment in gas and nuclear activities in the transition” to European climate neutrality. Effectively, it is saying that nuclear power and fossil gas are “green” and “sustainable.” But the document it released, in which it endeavors to justify this position, is full of fantasies. Greenpeace described it as “the biggest greenwashing exercise of all time.”

The announcement has been met with an onslaught of condemnation from many countries, NGOs and even CEOs. Austria plans to sue.

The EU Taxonomy “is a classification system, establishing a list of environmentally sustainable economic activities” and “would provide companies, investors and policymakers with appropriate definitions for which economic activities can be considered environmentally sustainable.”

The decision came on the heels of protracted analyses and paperwork produced by “experts”, most of whom, with the vocal encouragement of nuclear France, paved the way for this betrayal of climate mitigation. Read our Beyond Nuclear International story on this to learn more.