EU drafts plan to label gas and nuclear investments as green

Image Credit: REUTERS/Benoit Tessier After years of fighting between governments for truly climate-friendly investments, the European Union has drawn up plans to label some natural gas and nuclear power projects as "green" investments. The European Commission is expected to propose rules in January to decide whether nuclear and gas projects are included in the EU's "sustainable finance taxonomy". This is a list of the economic activities and environmental criteria that must be met in order to be...