'No remaining carbon budget': Investors urge EU to ban fossil gas from green finance rulebook

Cecilia Keating
clock • 3 min read
The inclusion of gas and nuclear in the taxonomy has been widely criticised | Credit: iStock
Image:

The inclusion of gas and nuclear in the taxonomy has been widely criticised | Credit: iStock

Investors with €50tr assets under management group call on EU to revisit plan to sanction spending on some gas power plants under its new green finance rulebook

Major investors have urged the EU to amend its draft green investment rulebook to ensure that no fossil gas investments can be labelled sustainable, arguing their inclusion will hinder financiers' ability...

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Cecilia Keating
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Cecilia Keating

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