The Finnish presidency of the EU Council will attempt to make progress on the ‘green taxonomy’ file defining sustainable economic activity by bypassing the divisive issue of nuclear energy at a meeting on Wednesday.
The presidency published on Monday a compromise text on the taxonomy regulation that does not mention nuclear power explicitly, with the aim of pushing the file forward with the backing of EU ambassadors.
Austria, Germany and Luxembourg opposed the inclusion of nuclear energy in a joint statement as “it would send the wrong signals and incentives to financial market participants and investors”.
Please enter your details
Not a subscriber?
Take a free trial now to discover the critical insights and updates our coverage offers subscribers.