European Greens claimed victory on Thursday (5 December) after EU negotiators reached agreement on a green finance taxonomy aimed at channelling billions of private investor’s money into clean technologies. Coal, and – in principle – nuclear power, are out. The deal, reached by national envoys and EU Parliament negotiators yesterday evening, marks a stunning defeat for France, which lobbied hard to win recognition for nuclear energy as a low-carbon source of energy. “Nuclear energy should be part of this eco-label,” said French Finance Minister Bruno Le Maire back in October, in comments that irritated Germany, Austria and Luxembourg, the EU countries most staunchly opposed to nuclear.
Euractiv 6th Dec 2019 read more »