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Gas and nuclear supported as green investments by EU policymakers
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Taxonomy s credibility is on the line : Industry reacts to EU s gas and nuclear verdict
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06 May 2021
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The recent assessment by the EU s scientific body, the Joint Research Centre, that nuclear energy does no more harm to human health or the environment than any other power-producing technology considered to be sustainable may be a sign of the green stamp of approval needed for the inclusion of nuclear in the EU Taxonomy on sustainable finance, write Elina Teplinsky, Vincent Zabielski and Victoria Judd, partner, special counsel and counsel, at Pillsbury Winthrop Shaw Pittman LLP.
Victoria Judd, Elina Teplinsky and Vincent Zabielski (Image: Pillsbury Winthrop Shaw Pittman LLP) The EU Taxonomy Regulation, a system that classifies economic activities as environmentally sustainable to help the EU meet its Green Deal objectives, has emerged as an increasingly complex and politically fraught framework despite what should be a science-based approach to climate change mitigation.
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