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


  • PUBLISHED: March 18, 2021

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


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