“Together with gasoline and nuclear within the European inexperienced taxonomy would profit Russia by billions of euros a 12 months”

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“Together with gasoline and nuclear within the European inexperienced taxonomy would profit Russia by billions of euros a 12 months”

La European taxonomy. Behind this identify, which has sufficient aridity to arouse obscure disinterest, hides a vital software for our future, on the coronary heart of an actual saga whose end result is scheduled for July 6 in Strasbourg throughout a vote which might be held in opposition to the backdrop of the topical atrocities of the battle in Ukraine.

Initially, the European taxonomy is a software which goals to speed up the vitality transition by validating an inventory of actions deemed appropriate for coping with the local weather emergency whereas defending the atmosphere and the inhabitants. It constitutes a form of catalog for personal funders who want to make investments their cash within the service of the final curiosity. However this software, for the second virtuous and vital for the vitality transition, is about to be misused.

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The taxonomy may particularly reinforce the vitality dependence of the European Union (EU) on Russia and produce billions to the regime of Vladimir Putin. The primary intense discussions at European stage on the taxonomy lastly bore fruit on December 9, 2021 with the publication of an inventory of labeled actions.

From the affect of Russia

Nevertheless, the lobbies, dissatisfied with the content material of this primary record, used their affect with the European Fee till the publication, on February 2, 2022, of a complementary delegated act (a form of modification to this record) proposing the inclusion of nuclear and fossil gasoline within the inexperienced taxonomy. These “presents” provided to the fossil and fissile industries are the results of stress exerted overtly by an alliance of pro-nuclear and pro-gas European nations, federated by France.

However behind these acknowledged pursuits are additionally hidden these of Russia, by representatives of its gasoline, oil and nuclear industries, who’ve carried out intensive lobbying to have fossil gasoline and nuclear vitality included within the European taxonomy and thus see their earnings swell by a number of billion, in line with a report recently published by Greenpeace France.

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Following revelations in regards to the Russian affect within the matter of European taxonomy, Roberta Metsola, President of the European Parliament announced on June 3 that “representatives of Russian corporations are not allowed to enter the premises of the European Parliament”. Not solely would it not undermine any effort made by the European Union to free itself from Russia, nevertheless it may transform a veritable gold mine for the latter.

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