'The EU Taxonomy was supposed to be a tool to fight greenwashing,' said one of the NGOs. 'Instead, it's become a dangerous tool to greenwash.'
"The E.U. Taxonomy was supposed to be a tool to fight greenwashing," said one of the NGOs."Instead, it's become a dangerous tool to greenwash.
Climate and environmental campaigners have warned that the Taxonomy process to determine what kinds of energy investments should be labeled"green" has been watered down and sabotaged by industry efforts to include gas-fired and nuclear power plants. Earlier this year, Greenpeace called out the European Commission for the harmful road it was laying for the E.U. nations with its misguided energy rules, specifically the taxonomy process.
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