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Europe’s just transition: gas industry fights GHG limits [NGW Magazine]
Mar 10, 2021 7:15:am
Summary
Gas-to-power and even blue hydrogen projects may find it hard to meet GHG emission thresholds set out in the EU’s Taxonomy Regulation. [NGW Magazine Volume 6, Issue 5]
by: Andreas Walstad
The European Union (EU)’s Taxonomy Regulation for projects eligible for sustainable investment has given the gas industry plenty to think about.
The criteria set out in its ‘green listing’ of projects may be beyond gas-fired power plants and even some hydrogen projects unless there is some drastic rewriting done this year.
The regulation – adopted by the EU member states last summer – sets out a classification system enlisting certain projects as environmentally sustainable in order to help private investors conscious of their carbon footprint to make informed decisions. Projects must “substantially” contribute to at least ....

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