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Lawmakers threaten to sue EU if it labels gas investments as ‘green’

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Reuters UK

By Kate Abnett BRUSSELS (Reuters) – Some members of the European Parliament intend to take legal action against the European Commission if its plan to label gas and nuclear energy investments as climate-friendly becomes law, according to a lead lawmaker on EU green finance rules. The European Parliament will decide next week whether to accept or reject the Commission’s proposal to classify gas and nuclear power plants as green in the EU’s “taxonomy” – a list of investments that can be marketed as sustainable. If Parliament does not reject the gas and nuclear rules, and they pass into law, some…

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