{"id":47289,"date":"2024-10-21T09:54:34","date_gmt":"2024-10-21T07:54:34","guid":{"rendered":"https:\/\/www.greenpeace.org\/eu-unit\/?p=47289"},"modified":"2024-10-21T09:54:39","modified_gmt":"2024-10-21T07:54:39","slug":"eu-green-label-for-fossil-gas-and-nuclear-accelerates-the-climate-crisis","status":"publish","type":"post","link":"https:\/\/www.greenpeace.org\/eu-unit\/issues\/climate-energy\/47289\/eu-green-label-for-fossil-gas-and-nuclear-accelerates-the-climate-crisis\/","title":{"rendered":"EU green label for fossil gas and nuclear accelerates the climate crisis"},"content":{"rendered":"\n

Brussels<\/strong> \u2013 Giving fossil gas and nuclear power a green label in the EU\u2019s sustainable investments rulebook will hurt efforts to tackle the climate crisis, according to a new report<\/a> by Greenpeace Germany. The report comes on the same day as hearings before the European Court of Justice in a case where Austria is challenging the European Commission\u2019s inclusion of gas and nuclear in the EU taxonomy, a set of criteria supposed to guide massive amounts of investment towards sustainable projects.<\/p>\n\n

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The report argues that, as fossil gas is a significant source of greenhouse gas emissions \u2013 from its extraction, transport, storage and use \u2013 it accelerates the climate emergency, and should not be labelled as sustainable. Nuclear energy takes too long to become operational \u2013 10 to 19 years in the EU \u2013 too slowly to offer a solution to the climate crisis, and diverting vital funds away from renewables that can be quickly deployed, so in turn extending the lifetimes of coal and gas power. The report also notes that the generation of radioactive waste, burdening future generations and carrying a high risk of catastrophic failure or disaster, contravenes the stated aims of the EU taxonomy. The report emphasises that the fastest, most cost-effective, and cleanest way to eliminate fossil fuels from Europe\u2019s energy mix is by accelerating investment in renewable energy.<\/p>\n\n

\u201dLabelling fossil gas and nuclear as sustainable investments is environmentally, financially, and socially irresponsible. People are suffering daily from extreme floods, droughts, and other devastating impacts of the environmental and climate crisis. Greenwashing these harmful energies hinders and slows down the energy transition, and undermines the EU\u2019s own climate goals. We have no time to waste, governments and investors should prioritise the real solutions like renewable energy and home insulation that can cut pollution \u2013 and people\u2019s bills \u2013 right now.\u201d – <\/em>said <\/em>Greenpeace EU sustainable finance campaigner Ariadna Rodrigo. <\/strong> <\/em><\/p>\n\n

Hearings in the European Court of Justice<\/strong><\/p>\n\n

In April last year, eight Greenpeace organisations also filed a lawsuit<\/a> with the European Court of Justice against the European Commission\u2019s decision to include gas and nuclear in the EU taxonomy. The Court has paused Greenpeace\u2019s case pending the outcome of the Austrian government\u2019s similar lawsuit against the Commission. Once Austria\u2019s case is resolved, the Court will decide whether to resume Greenpeace\u2019s case, starting with an assessment of whether all of Greenpeace\u2019s arguments were fully addressed in the Austrian proceedings.<\/p>\n\n

Contacts:<\/strong><\/p>\n\n

Ariadna Rodrigo, Greenpeace EU sustainable finance campaigner<\/strong>: +32 (0)479 99 69 22, arodrigo@greenpeace.org<\/a> <\/p>\n\n

Greenpeace EU press desk<\/strong>: +32 (0)2 274 1911, pressdesk.eu@greenpeace.org<\/a><\/p>\n\n

For breaking news and comment on EU affairs: www.twitter.com\/GreenpeaceEU<\/a><\/p>\n\n

Greenpeace is an independent global campaigning network that acts to change attitudes and behaviour, to protect and conserve the environment and to promote peace. We do not accept donations from governments, the EU, businesses or political parties. Greenpeace has over three million supporters, and 26 independent national and regional organisations with offices in more than 55 countries.<\/p>\n\n

EU Transparency Register: 9832909575-41<\/p>\n","protected":false},"excerpt":{"rendered":"

New report: Giving fossil gas and nuclear power a green label in the EU\u2019s sustainable investments rulebook will hurt efforts to tackle the climate crisis, according to<\/p>\n","protected":false},"author":7,"featured_media":47290,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"p4_og_title":"","p4_og_description":"","p4_og_image":"","p4_og_image_id":"","p4_seo_canonical_url":"","p4_campaign_name":"","p4_local_project":"","p4_basket_name":"","p4_department":"","footnotes":""},"categories":[2],"tags":[29,34],"p4-page-type":[14],"class_list":["post-47289","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-climate-energy","tag-fossilfuels","tag-nuclear","p4-page-type-press"],"_links":{"self":[{"href":"https:\/\/www.greenpeace.org\/eu-unit\/wp-json\/wp\/v2\/posts\/47289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.greenpeace.org\/eu-unit\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.greenpeace.org\/eu-unit\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.greenpeace.org\/eu-unit\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.greenpeace.org\/eu-unit\/wp-json\/wp\/v2\/comments?post=47289"}],"version-history":[{"count":1,"href":"https:\/\/www.greenpeace.org\/eu-unit\/wp-json\/wp\/v2\/posts\/47289\/revisions"}],"predecessor-version":[{"id":47291,"href":"https:\/\/www.greenpeace.org\/eu-unit\/wp-json\/wp\/v2\/posts\/47289\/revisions\/47291"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.greenpeace.org\/eu-unit\/wp-json\/wp\/v2\/media\/47290"}],"wp:attachment":[{"href":"https:\/\/www.greenpeace.org\/eu-unit\/wp-json\/wp\/v2\/media?parent=47289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.greenpeace.org\/eu-unit\/wp-json\/wp\/v2\/categories?post=47289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.greenpeace.org\/eu-unit\/wp-json\/wp\/v2\/tags?post=47289"},{"taxonomy":"p4-page-type","embeddable":true,"href":"https:\/\/www.greenpeace.org\/eu-unit\/wp-json\/wp\/v2\/p4-page-type?post=47289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}