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IPFS News Link • Energy

Huh? EU Suddenly Declares Natural Gas, Nuclear To Be 'Climate Friendly'

• Technocracy.News

Radical environmental extremists are having a total meltdown over this shock ruling that puts natural gas back on the "climate friendly" list. Natural gas is an extremely clean source of energy but radicals hate it because they (wrongly) consider it a fossil fuel. There are at least 200 years of known natural gas reserves in the world. ? TN Editor

The European Parliament on Wednesday voted not to block a proposed rule that would designate gas and nuclear power plants as "climate-friendly." The rule will take effect unless 20 of the European Union's (EU) 27 member states band together to stop it.

The EU keeps a "taxonomy," or rulebook, that designates which types of energy investment can be labeled "green." The terminology is considered valuable for marketing purposes and to attract investors looking for climate-friendly projects. "Green" projects are also eligible for favorable government loans, and even outright government subsidies.

The taxonomy is supposed to prevent "greenwashing," loosely defined as falsely claiming a project is climate-friendly, although radical Greens derisively use the term for every enterprise they deem insufficiently pure.

The law approved 328-278 by the European Parliament in Strasbourg, France, on Wednesday will add numerous natural gas and nuclear energy projects to the taxonomy, beginning next year.

Environmentalists denounced the move, and demonstrated outside the European Parliament to show their displeasure, because they are unalterably hostile to nuclear power, no matter how "clean" it might be.