Activists demand veto on green taxonomy to stop Russian lobbyists

Activists demand veto on green taxonomy to stop Russian lobbyists pxhere.com
Katerina Belousova

Environmentalists want to collect 50,000 Ukrainian votes per week

The European Parliament is being asked to veto the EU taxonomy, which could help Russia earn billions of euros and get a share of potential investment, as well as hinder the chances of curbing global warming.

The corresponding petition, on the eve of consideration of the proposals of the European Commission on natural gas and nuclear energy, was created by global campaign Stand With Ukraine Campaign, according to the "Ukrainian Environmental Group - UNCG" on Facebook.

"We support the call to the European Parliament to veto the shameful and dangerous decision to grant access to green finance for new gas and nuclear infrastructure projects," the conservationists said.

The material explained that the implementation of the classification of gas as "environmental" fuel will mean more investment in one of Russia's main sources of financing.

"Our goal is to collect 50,000 Ukrainian votes in a week," the UNCG writes.

Greenpeace analysis showed that Russia, thanks to this decision, will be able to earn additional 4 billion a year. The expansion of gas capacities in the EU will provide 32 billion by 2030, and including nuclear power in the taxonomy would allow Rosatom, the state-owned nuclear power company with strong commercial ties to the European nuclear industry, a share of about 500 billion.

In addition, it will hurt the chances of limiting global warming to 1.5 degrees, as new investments in fossil fuels will mean that Europe and the world will miss the Paris Agreement's collective goal of 1.5 degrees, plunging the world into climate chaos. Also, this step will increase Europe's dependence on gas, including Russian, it will be catastrophic for the environment.

You can sign the petition at link.

facebook.com/UkrainianNatureConservationGroup/

Recall Greenpeace declared that Russian gas and nuclear lobbying threatens energy independence of the EU.

As EcoPolitiics reported earlier, the second list of technologies that can be included in the green taxonomy, including natural gas and nuclear power, triggered a series of debates.

Related
Solar power saves Europe €136 million a day during the war in Iran
Solar power saves Europe €136 million a day during the war in Iran

Experts stress the importance of developing the energy storage sector to make clean energy more reliable

Billions of euros to support renewable energy and the clean energy transition: examples from Lithuania, Austria and Italy
Billions of euros to support renewable energy and the clean energy transition: examples from Lithuania, Austria and Italy

Lithuania will provide funding for the energy-efficient refurbishment of buildings and promote sustainable transport

The EU is gearing up for the battle over the EU ETS: the arguments put forward by the authorities and the business community
The EU is gearing up for the battle over the EU ETS: the arguments put forward by the authorities and the business community

Brussels regards free allowances as a "historic mistake" and is looking for arguments against increasing their number

Waste management and clean energy offer the greatest benefits
Waste management and clean energy offer the greatest benefits

Over the past ten years, employment in the renewable energy sector has grown by nearly 80%