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BRIEF: EU Parliament Committees Reject Green Bond Taxonomy

(MNI) Brussels

The European Parliament’s ECON and ENVI committees today voted against the European Commission’s green investment taxonomy following controversy over its inclusion of nuclear and natural gas as transitional fuels.

The Parliament will hold a final vote on the taxonomy at its plenary session in Strasbourg next month. Recent committee hearings with private investors revealed dissatisfaction among many of them at the Commission’s decision to include nuclear and gas.

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The European Parliament’s ECON and ENVI committees today voted against the European Commission’s green investment taxonomy following controversy over its inclusion of nuclear and natural gas as transitional fuels.

The Parliament will hold a final vote on the taxonomy at its plenary session in Strasbourg next month. Recent committee hearings with private investors revealed dissatisfaction among many of them at the Commission’s decision to include nuclear and gas.