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The proposal, officially called the “EU Taxonomy”, was published last December by the European Commission as a list of economic activities that investors can label and trade under the “green” logo.
The motion to block this proposal received 278 votes in favor, 328 against and 33 abstentions. If 20 of the 27 EU member states do not oppose the proposal, it will be adopted as law.
According to Deutsche Welle, the proposal initially encountered resistance from some EU member states, strongly supporting the “green” label for natural gas and nuclear power.
Meanwhile, Germany, which has suspended its nuclear power plant project, opposed the plan.
Some environmental groups and EU legislators have also had criticism, which has gone as far as threats.
Austria and Luxembourg have threatened to sue the EU if the plan is approved, but the proposal has majority support.
Russia benefits from gas labeling:
The drastic reduction of Russian gas supplies to Europe in recent weeks has caused more opposition to the classification of gas as “green”.
“This is dirty politics and the insulting result of labeling gas and nuclear energy as “green”, and sending a ‘river’ of money to Putin’s war chest. We will take this case to court.” said Adriana Rodrigo.
Paul Tang, a Dutch EU lawmaker, criticized the plan, arguing that it was influenced by the lobby of Gazprom and Rosneft, two Russian energy companies.
Where does Germany stand in this situation:
Initially, Germany opposed the proposal of the European Commission to label nuclear energy as “green”. On Wednesday, Steffen Hebestreit, spokesman for German Chancellor Olaf Scholz, said that Berlin stands by this position and considers nuclear energy to be unsustainable.
“However, the German government believes that the taxonomy is an important instrument for achieving climate protection objectives, because it is clear that natural gas is an important technology on the path to carbon neutrality.”said Hebestreit.
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