The Left in the European Parliament cannot accept this complementary Delegated Act as it is proposed now. The complementary act which aims to include nuclear and fossil gas energies into the sustainable finance framework is incompatible with the taxonomy regulation, the scientific recommendations, and the EU goal to be net zero by 2050 at the latest. We demand a Taxonomy that is science-based and not the result of political interest bargaining. We expect other groups to join us and object to the EU Commission sacrificing science for the sake of political expediency.

Through a joint letter, MEPs are calling on the Commission to maintain the scientific principles regulating green investments. Classifying investments, in gas and nuclear as “green” under the Green Deal puts at serious risk Europe’s climate commitments.

See the letter here (PDF)