Our Magazine
Brussels Morning Online Newspaper
Thursday, April 15, 2021
No Result
View All Result
  • Home
    • About Us
  • EU institutions
    • Commission
    • Parliament
    • Council
  • Europe
  • World
  • Economy
  • Culture and Society
  • In Depth
    • Ambassador’s Corner
    • The American Angle
    • Europe With Transparency
    • Sustainable Perspective
    • Place de la Bourse
    • The Macro-Economist
    • Southeast Europe
Brussels Morning Online Newspaper
  • Home
    • About Us
  • EU institutions
    • Commission
    • Parliament
    • Council
  • Europe
  • World
  • Economy
  • Culture and Society
  • In Depth
    • Ambassador’s Corner
    • The American Angle
    • Europe With Transparency
    • Sustainable Perspective
    • Place de la Bourse
    • The Macro-Economist
    • Southeast Europe
Brussels Morning Online Newspaper
No Result
View All Result
Home EU Institutions

Environmentalists bash EU’s plan to label gas projects as green

Nikola Kiš by Nikola Kiš
24 March 2021
in EU Institutions
Environmentalists bash EU’s plan to label gas projects as green
Share on FacebookShare on Twitter

Brussels (Brussels Morning) Environmentalists have criticised leaked proposals that the EU intends to label some gas-fired power plants as environmentally friendly investment projects, RFI reported on Tuesday.

World Wide Fund for Nature (WWF) economist Sébastien Godinot, pointing out that natural gas is a fossil fuel, denounced the proposal, stating “the very idea of classifying it as environmentally sustainable is a disgrace”.

The European Commission had announced it would be proposing a scheme to classify projects in order to promote green investments for release in April.

Disagreements between EU member states on the classification of gas projects had forced the EC to rethink its plans.

Proposal under fire

According to the leaked document, gas-fired power plants that also provide heating or cooling could, under strict conditions, be considered as green investments.

The document notes that “gas-fired power generation plays an important role in guaranteeing the reliability of electricity supply”, given the dependence of wind and solar sources on weather conditions.

The proposal does state that facilities must cut pollution and improve their efficiency, capping emissions at 270 grams of CO2 equivalent per kWh.

While critics claim natural gas could be as damaging to global environmental efforts as other fossil fuels, it is widely cited as an important part of the fight against climate change.

Member states disagree

In the EU, Germany and Poland are strong proponents of the role of natural gas in the transition away from coal, while Denmark and Spain insist the bloc’s environmental push must not be weakened.

The EU’s plan to reach carbon neutrality by 2050 includes cutting greenhouse emissions 55% compared to 1990 levels by the end of the decade.

As part of its green push, Brussels is planning to divert capital towards investment projects it deems to be green.Environmentalists pointed out in the open letter to the EC that the bloc sees “many shades of green”. Unequivocally, they stated: “The purpose of the EU Taxonomy is to correctly label green finance: This means following the best scientific evidence on an activity’s environmental impact”.

Subscribe to Our Newsletter

Nikola Kiš

Nikola Kiš

Nikola is Brussels Morning political affairs reporter, covering Germany, France, and Italy. Based in Zagreb, he is a translator with 18 years of experience reporting on political and business affairs.

Latest post

Now the Digital Markets Act is here, could this be what tames big tech?

Now the Digital Markets Act is here, could this be what tames big tech?

12 hours ago
Pandemic‌ ‌to‌ ‌set‌ ‌French‌ ‌finances‌ ‌back‌ ‌€424bn‌ ‌over‌ ‌three‌ ‌years‌ ‌

Pandemic‌ ‌to‌ ‌set‌ ‌French‌ ‌finances‌ ‌back‌ ‌€424bn‌ ‌over‌ ‌three‌ ‌years‌ ‌

17 hours ago

Most Read

  • A very Georgian provokatsiya

    A very Georgian provokatsiya

    0 shares
    Share 0 Tweet 0
  • The EU’s newest member state Croatia can teach the bloc much about building strategic autonomy

    0 shares
    Share 0 Tweet 0
  • EC to investigate €1bn worth of missing lumber in Croatian forests

    0 shares
    Share 0 Tweet 0
  • Salmond’s strategic masterstroke

    0 shares
    Share 0 Tweet 0
  • Vaccine export bans won’t help the fight against Covid-19, says Pfizer

    0 shares
    Share 0 Tweet 0

Subscribe
Facebook Twitter Youtube LinkedIn

About Us

Brussels Morning is a daily online newspaper based in Belgium. BM publishes unique and independent coverage on international and European affairs. With a Europe-wide perspective, BM covers policies and politics of the EU, significant Member State developments, and looks at the international agenda with a European perspective.

Category

  • Ambassador’s Corner
  • Commission
  • Council
  • Culture and Society
  • Diplomacy
  • Economy
  • EU Institutions
  • Europe
  • Europe With Transparency
  • Features
  • In Depth
  • Member States
  • Middle East Eye
  • Opinion
  • Our pick
  • Parliament
  • Place de la Bourse
  • Southeast Europe
  • Sustainable Perspective
  • The American Angle
  • The Macro-Economist
  • Uncategorised
  • US Elections
  • World

More info

  • About Us
  • Advertising
  • Cookies Policy
  • Contact Us
  • FAQ
  • Jobs

Brussels Morning Newspaper - All Rights Reserved © 2020

No Result
View All Result
  • Home
  • About Us
  • EU Institutions
    • Parliament
    • Commission
    • Council
  • Europe
  • World
  • Member States
  • Economy
  • Culture and Society
  • In Depth
    • Ambassador’s Corner
    • Europe With Transparency
    • Place de la Bourse
    • The Macro-Economist
    • Sustainable Perspective
    • The American Angle
    • Southeast Europe
  • Magazine

Brussels Morning Newspaper - All Rights Reserved © 2020

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

SAVE & ACCEPT