Pages

Wednesday, June 9, 2021

[Ticker] EU fossil-fuel club wary of 'green' investment rules

Upcoming EU rules on which investment projects were "green", opening access to public and EU funding, should not set binding standards, a Czech-led group-of-seven fossil-fuel intensive EU states has said in an informal paper, Reuters reports. "The taxonomy should be applied only as a transparency tool. However, the taxonomy is progressively becoming a new standard for the EU policies," the Czech Republic, Bulgaria, Cyprus, Greece, Hungary, Romania, and Slovakia said.


READ THE ORIGINAL POST AT euobserver.com