MEPs will decide whether to veto the Commission’s plan on EU Taxonomy

MEPs will decide whether to veto the Commission’s plan to include certain nuclear and gas activities in the list of environmentally sustainable economic activities.
The debate will take place on Tuesday, with the vote following on Wednesday.
The Commission adopted the Taxonomy Delegated Act on 9 March 2022. It proposes the inclusion, under certain conditions, of specific nuclear and gas energy activities in the list of environmentally sustainable economic activities covered by the so-called EU Taxonomy.
Parliament and Council have until 11 July 2022 to decide whether to veto the Commission’s proposal. On 14 June 2022, MEPs in the Economic and Monetary Affairs Committee and the Environment, Public Health and Food Safety Committee adopted an objection to the Commission’s proposal. If an absolute majority in the European Parliament (353 MEPs) does likewise, the Commission will have to withdraw or amend it.
The Taxonomy regulation is part of the Commission’s action plan on financing sustainable growth and aims to boost green investments and prevent ‘greenwashing’.
The Taxonomy regulation is part of the Commission’s action plan on financing sustainable growth and aims to boost green investments and prevent ‘greenwashing’.
Objection adopted by the ECON and ENVI Committees
MT MEPs in ECON and ENVI Alfred SantDavid Casa, and Cyrus Engerer