'Biggest greenwashing exercise of all time': EU presses ahead with inclusion of fossil gas in green investment taxonomy

Cecilia Keating
clock • 5 min read
'Biggest greenwashing exercise of all time': EU presses ahead with inclusion of fossil gas in green investment taxonomy

Criteria for gas plants’ inclusion in EU green finance rulebook set out in official documents are less stringent than leaked proposals, sparking fierce criticism from environmental campaigners

The European Commission has confirmed it intends to press ahead with controversial plans to allow certain fossil gas investments to be labelled as 'green' under its new sustainable investment taxonomy,...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Investment

The Hornsea One offshore wind farm

Government confirms new contracts for 'record amount' of renewable energy

As the Prime Minister steps down, the latest round of flagship contract for difference auction secures almost 11GW of clean energy capacity from raft of renewables projects

James Murray
clock 07 July 2022 • 5 min read
What to expect - and hope for - in the new Green Finance Strategy

What to expect - and hope for - in the new Green Finance Strategy

Mobilising private finance to meet climate goals should be a core focus of the green finance roadmap currently being drawn up by ministers, writes UKSIF’s Oscar Warwick Thompson

Oscar Warwick Thompson, UKSIF
clock 07 July 2022 • 5 min read
Credit: Baxi

'Electric households': How the average UK home could save nearly £1,200 a year

As the government unveils plans for a new Low Carbon Heat Scheme, calculations reveal the huge savings on offer for households switching to clean technologies

James Murray
clock 06 July 2022 • 6 min read