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Taxonomy / Nuclear Vote ‘Important Recognition’ Of Europe’s ‘Pragmatic And Realistic’ Approach

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The vote by members of the European parliament to support legislation which includes nuclear in the bloc’s sustainable finance taxonomy for green investment is “important recognition” of Europe’s pragmatic and realistic approach to help states on their transition path towards climate neutrality, the European commission said.

The commission said it welcomed the result of the vote on the complementary delegated act on climate change mitigation and adaptation covering certain gas and nuclear activities.

From a total of 639 votes, 328 voted against a motion to exclude nuclear energy – and gas – from the taxonomy. 278 voted for the motion to exclude nuclear and gas and 33 abstained.

The vote means gas and nuclear will now be included in the taxonomy as transitional activities in a limited number of circumstances and under strict conditions. Both are recognised as “stepping stones” in the transition towards more renewables.
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