EU taxonomy wrangling exposes uneven starting points in Europe's ‘net zero’ journey

Sustainable investment guide has become a flashpoint in rows over the role of natural gas in EU’s energy transition

The EU Commission has pulled off a spectacular fudge by updating its draft taxonomy on sustainable investment but delaying a decision on whether natural gas and nuclear will be deemed ‘sustainable’ investments. The friction underscores how far apart different member states are in their journey towards ‘net zero’.

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The updated legislation says a separate “…

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