Head Topics

McGuinness: No big changes to EU green finance proposal

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 61%

Ireland Headlines News

The European Commission will not make any fundamental revisions to proposals that classify nuclear power and gas as sustainable, Financial Markets Commissioner Mairead McGuinness has said, despite objections from some European Union states.

The Commission included gas and nuclear investments in a draft of its "sustainable finance taxonomy" rules circulated on 31 December, as the bloc seeks to manage a shift to green energy and grapples with a gas supply crunch amid tensions with Russia.

During months of heated debate on the proposals, Germany and other EU members said gas investments were needed to help them quit using more-polluting coal.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 16. in İE

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.