EGEC reacted to the European Commission’s proposal to include gas for electricity generation in the EU Sustainable Finance Regulation

In its statement, EGEC strongly highlighted that fossil methane does not have a role in the EU’s Sustainable Finance Taxonomy Regulation. EGEC also outlined that using the taxonomy rules to establish a new indirect fossil fuel subsidy conflicts with the fundamentals of the EU Green Deal, the Paris Agreement as well as the EU’s efforts to end fossil fuel subsidies globally

Download EGEC position