No more greenwashing, a science-based and credible taxonomy is needed

(EurActiv, 20 Dec 2021) A group of three EU lawmakers have written to express concerns about strong political pressure to include gas and nuclear power in the EU’s green finance taxonomy.

This opinion article is co-signed by three members of the European Parliament: Michèle Rivasi (Greens/EFA, France), Andreas Schieder (S&D, Austria), and Cornelia Ernst (The Left, Germany).

The EU taxonomy is a tool to define which economic activities are considered “sustainable”. A proposal to include additional activities in the taxonomy is to be published by the European Commission before Christmas.

We, members of the European Parliament, are concerned about strong political pressure to include gas and nuclear power in the taxonomy, despite the fact that this tool is initially based on science.

A few weeks before the start of the French presidency of the European Union, we warn that putting these two polluting energies on the same level as renewable energies will sabotage the European energy transition.

The inclusion of nuclear and gas energies, even as transitional activities, is incompatible with the scientific principles set out in the taxonomy regulation. Fossil gas contributes directly to climate change and will block us for decades.

The IPCC’s 1.5 report clearly states that no new fossil fuel infrastructure can be built if this temperature target is to be met. Nuclear power, for its part, is too dangerous, too wasteful, too expensive and too slow to respond to environmental challenges.

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EurActiv, 20 Dec 2021: No more greenwashing, a science-based and credible taxonomy is needed