EU must be ‘technologically neutral’ in green finance push

A Commission proposal to create a list of environmentally sustainable investments could end up excluding technologies such as nuclear power, carbon capture and biofuels, warn industry stakeholders

A European Commission proposal to create a list of environmentally sustainable investments could end up excluding technologies such as nuclear power, carbon capture for use or storage (CCUS) and biofuels, according to industry representatives.

A range of stakeholders argued the EU should embrace technological openness in its efforts to create a sustainable investment taxonomy, during a debate on Wednesday organised by consultancy FleishmanHillard under the Chatham House rule.

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