Fuel crises in parts of the world have forced many who previously called for everything to be powered by rainbows, gumdrops & unicorns to come to grips with reality. For example, European Parliament has voted to consider nuclear power and gas to be “climate-friendly.”
The European Parliament on Wednesday backed EU rules labelling investments in gas and nuclear power plants as climate-friendly, throwing out an attempt to block the law that has exposed deep rifts between countries over how to fight climate change.
The vote paves the way for the European Union proposal to pass into law, unless 20 of the bloc’s 27 member states decide to oppose the move, which is seen as very unlikely.
The new rules will add gas and nuclear power plants to the EU “taxonomy” rulebook from 2023, enabling investors to label and market investments in them as green.
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