Fossil fuel lobbyists push to dilute EU anti-greenwash plan

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Energy industry in particularly fights back against planned new rules on green labelling

Fossil fuel lobbyists are trying to water down planned EU rules to stop “investment greenwashing’ by setting science-based criteria for any investment which lays claim to being environmentally sustainable.

 

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The EU is a commercial organisation. Large-shareholders pull the strings, mainly Arab shareholders by the look of things

Oil companies have a lot of money, and a lot of financial incentive to continue extracting and selling their product. Whereas zero carbon energy companies tend to be smaller and less well off, so less able to lobby. It's corruption, in any other name.

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