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EU parliament backs labelling gas and nuclear investments as green

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The European Parliament on Wednesday backed EU rules labelling investments in gas and nuclear power plants as climate-friendly, throwing out an attempt to block the law that has exposed deep rifts between countries over how to fight climate change.

The vote paves the way for the European Union proposal to pass into law, unless 20 of the bloc's 27 member states decide to oppose the move, which is seen as very unlikely.

The gas and nuclear rules have split EU countries, lawmakers and investors. Brussels redrafted the rules multiple times, flip-flopping over whether to grant gas plants a green tag. Its final proposal fuelled fierce debate about how to hit climate goals amid a crisis over dwindling Russian gas supplies.

"It is neither credible, ambitious nor knowledge-based, endangers our future and is more than irresponsible," Austrian climate minister Leonore Gewessler said.

 

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EU Parliament to vote on 'green' gas and nuclear rulesThe European Parliament will decide on Wednesday whether to block or accept an EU law labelling investments in gas and nuclear power plants as climate-friendly, which has exposed deep rifts between countries over how to fight climate change.
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