>The EU taxonomy is important for financing change yet the inclusion of natural gas and nuclear energy on the same terms as other activities in the taxonomy framework will impede the change required. China has developed a taxonomy that excludes fossil gas while the South Korean taxonomy excludes nuclear power. Slippage at the EU level would both put Europe’s system in disrepute but also lower the bar globally allowing for more ambition to be squandered in other country schemes. Even Russia is proposing a taxonomy that could forgo gas.
I think they have a point here, not sure how reliable this info is though.
Nuclear should get green funding. Gas needs to be used as a stop gap during the transition for when there’s adverse weather conditions where renewable forms aren’t producing enough power. More investment should be put into Hydrogen, I strongly believe that it is the energy source of the future. Electric battery waste and mining for Lithium is going to be the next big problem.
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“Now is [not](https://old.reddit.com/r/europe/comments/s75na1/gco2kwh_the_year_2021_in_review/) the time to [blur](https://i.redd.it/na516braep981.jpg) the [lines](https://i.redd.it/1j0qchu8bfu71.png) on the environmental [realities](https://pbs.twimg.com/media/Ernx9iyXcAEjBmf?format=jpg&name=4096×4096) of climate [neutrality](https://imgur.com/a/Zux1FnY#aS9GbIX),”
Couldn’t agree more.
The article links to a reaction from [The Club of Rome](https://www.clubofrome.org/impact-hubs/rethinking-finance/eu-taxonomy-reaction/) where I found this:
>The EU taxonomy is important for financing change yet the inclusion of natural gas and nuclear energy on the same terms as other activities in the taxonomy framework will impede the change required. China has developed a taxonomy that excludes fossil gas while the South Korean taxonomy excludes nuclear power. Slippage at the EU level would both put Europe’s system in disrepute but also lower the bar globally allowing for more ambition to be squandered in other country schemes. Even Russia is proposing a taxonomy that could forgo gas.
I think they have a point here, not sure how reliable this info is though.
Nuclear should get green funding. Gas needs to be used as a stop gap during the transition for when there’s adverse weather conditions where renewable forms aren’t producing enough power. More investment should be put into Hydrogen, I strongly believe that it is the energy source of the future. Electric battery waste and mining for Lithium is going to be the next big problem.