The European Commission made a “big mistake” labelling nuclear and gas as “green investments” in Europe, Spain’s Ecological Transition Minister Teresa Ribera has said.
The European Commission on 2 February proposed including nuclear and gas power in the bloc’s sustainable finance taxonomy, recognising their contribution to the EU’s 2050 climate neutrality goal “subject to clear limits and phase-out periods”, EURACTIV’s partner EFE reported.
The new rules add gas and nuclear power as “transitional” technologies under the EU taxonomy and sets out new disclosure rules, with companies having to report yearly on compliance with green criteria, as reported by EURACTIV.
In an interview with the Spanish public TV broadcast ‘El Cafè d’idees’ on 4 February, Ribera advocated investment in renewables instead to achieve the goal of carbon neutrality by 2050 in the EU.
Concerning the threat expressed by Austria and Luxembourg to take the “green taxonomy” regulation to the European Court of Justice, Ribera responded that this decision requires, above all, a clear legal analysis before taking any action.
However, she did not comment if the Spanish government would be eager to support such legal action.
The minister pointed out that the seven Spanish nuclear power plants currently in operation will continue to be managed “with all the safety guarantees” so that this type of energy can continue to operate “without any doubt”, according to the planned timetable, and can be replaced by other less polluting alternative sources, she stated.
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