Top Posts
Brazil launches COP30 accommodation platform after pressure from...
Pakistan’s deadly floods worsened by global warming: study
Putin decree allows Russia to increase greenhouse gas...
New study shows climate change cancelling major events
Tinubu appoints Majekodunmi new DG of National Council...
ICJ says countries to be held accountable for...
Report shows PR firm working for Shell wins...
Study shows climate change could make ‘droughts’ for...
Kano govt unveils climate change policy, to plant...
FG says desertification has disrupted livelihoods of over...
EcoNai Newsroom
  • Newsround
  • Nigeria
  • Africa
  • World
World

EU faces suit for including gas, nuclear in ‘green’ investments guide

by Arinze Chijioke April 18, 2023
written by Arinze Chijioke April 18, 2023
542

Latest reports suggest that the European Commission is being ued by environmental campaigner following its decision to include gas and nuclear in an EU guide to “green” investments.

At least two separate legal challenges are being lodged on Tuesday at the European Union’s general court in Luxembourg – one by Greenpeace and another by a coalition including Client Earth and WWF – after the classification of fuels in the so-called taxonomy, a guide for investors intended to channel billions into green technologies.

The EU executive, argues Greenpeace, acted unlawfully when it designated gas and nuclear as bridge technologies in the taxonomy, which is intended to help meet the bloc’s goal of carbon neutrality by 2050.

Along with three other NGOs, Client Earth is challenging the inclusion of gas, which it says breaks the EU climate law that sets a legally binding target of reaching net zero emissions by the middle of the century. The cases are the latest legal action against the EU’s “taxonomy for environmentally sustainable economic activities”.

Recall that last year a lawsuit was launched by Austria and supported by Luxembourg.

At least eight national and regional Greenpeace organisations including France, Germany and EU office in Brussels are asking the court to rule the inclusion of gas and nuclear invalid.

Read also: Environment minister calls for speedy implementation of Climate Promises Initiative

In his reaction, Nina Treu, the executive director of Greenpeace Germany, said, “The taxonomy was meant to be a tool to meet the 1.5C target [on global heating] and make the European Union climate neutral, fostering social and economic restructuring for the European economy by shifting funds. Instead of hindering greenwashing, it has become a tool for greenwashing.”

Continuing, Treu said that Gas and nuclear had been included because of “politically motivated lobbying and that Greenpeace will tell the court that gas cannot be considered a “transition fuel” because any gas-powered plant that comes online today will still be running beyond 2050.

The environment group is also expected to say that the construction of new nuclear plants – which usually take one to two decades to build in Europe – will delay the move away from coal power, hinder the development of renewables, risk accidents and create pollution.

Greenpeace has hired the lawyer Roda Verheyen, who acted for the group in a landmark case that resulted in Germany’s climate protection laws being ruled inadequate by the country’s constitutional court in 2021.

Story was adapted from the Guardian.

EUGreen investmentGuideSuit
0 comment 0 FacebookTwitterPinterestEmail
admineconai

previous post
Gov Diri berates FG for not taking actions to avert flood
next post
Energy Council: Renewable energy growth must double to meet Australia’s emission goals

Related Posts

Brazil launches COP30 accommodation platform after pressure from...

August 7, 2025

Pakistan’s deadly floods worsened by global warming: study

August 7, 2025

Putin decree allows Russia to increase greenhouse gas...

August 7, 2025

New study shows climate change cancelling major events

August 4, 2025

ICJ says countries to be held accountable for...

August 4, 2025

Report shows PR firm working for Shell wins...

July 30, 2025

Study shows climate change could make ‘droughts’ for...

July 30, 2025

UN agency says deadly floods show need for...

July 22, 2025

UN climate change director calls for urgent action...

July 18, 2025

Environmental activist dismisses CoP meetings on climate change...

July 18, 2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

  • Facebook
  • Twitter
  • Instagram
  • Linkedin
  • Bloglovin
  • Vimeo

@2021 - All Right Reserved. Designed and Developed by Eco-Nai+

EcoNai Newsroom
  • Newsround
  • Nigeria
  • Africa
  • World