German minister urges overhaul of EU green energy finance rules

Australia News News

German minister urges overhaul of EU green energy finance rules
Australia Latest News,Australia Headlines
  • 📰 ReutersScience
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Germany's environment minister on Thursday called for a complete overall of proposed European Union rules on which types of energy should be labelled as green after Brussels policymakers ignored German objections to the inclusion of nuclear power.

, published at the end of last year, that would classify investments in some natural gas and nuclear power as environmentally sustainable, has divided opinion in the 27-member EU bloc and among investors.

But Germany, which decided to exit nuclear power entirely after the 2011 Fukushima nuclear disaster, opposed the move, saying that nuclear power was expensive and created a major problem of how to store radioactive waste. "That's the only way of ensuring adequate involvement by the public, member states and European Parliament."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ReutersScience /  🏆 559. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chinese hackers target German pharma and tech firmsChinese hackers target German pharma and tech firmsChinese hacker group APT 27, long suspected of launching attacks on Western government agencies, has started targeting German companies in sectors such as pharmaceuticals and technology, Germany's Federal Office for the Protection of the Constitution (BfV) said on Wednesday.
Read more »

German COVID cases hit record as parliament debates vaccine mandateGerman COVID cases hit record as parliament debates vaccine mandateGermany on Wednesday reported a new record of 164,000 COVID-19 infections in one day as the lower house of parliament prepared to debate proposals to either require or robustly encourage residents to be vaccinated.
Read more »

EU Commissioner rules out big changes to green finance proposalEU Commissioner rules out big changes to green finance proposalThe European Commission will not make any fundamental revisions to proposals that classify nuclear power and gas as sustainable, Financial Markets Commissioner Mairead McGuinness said on Wednesday, despite objections from some European Union states.
Read more »

Fortescue Buys Williams Advanced EngineeringFortescue Buys Williams Advanced EngineeringWAE will be vertically integrated into Fortescue’s diversified resources and green energy business and will be managed via Fortescue Future Industries (FFI), Fortescue’s green energy and green technology division.
Read more »

Clean Energy Corps hiring for largest Energy Dept. expansion, modeled on Green New Deal proposalClean Energy Corps hiring for largest Energy Dept. expansion, modeled on Green New Deal proposalThe Energy Department will have its largest bureaucratic expansion since it was established in 1977, using $62 billion from the Bipartisan Infrastructure Law to create a Clean Energy Corps.
Read more »



Render Time: 2025-02-25 20:30:41