Climate Brussels e-News 29.03.22
‘Niche’ Taxonomy needs to go economy-wide, say EU Commission experts
The EU’s sustainable investment guide needs to cover the whole economy rather than the current small proportion of sectors deemed ‘sustainable’, according to the EU Commission’s sustainable finance experts in a new report (1).An extended environmental Taxonomy would cover the bulk of financial portf…
EU Council’s short sighted energy measures neglect the root of the problem: fossil fuels
Brussels, 28 March 2022 – The European Council’s measures presented last Friday to reduce fossil fuel supplies from Russia and ease skyrocketing energy prices stay short sighted as they fail to tackle the root of the problem, which is the EU’s inefficient and overflowed energy consumption and our a…