EU taxonomy wrangling exposes uneven starting points in Europe's ‘net zero’ journey

Sustainable investment guide has become a flashpoint in rows over the role of natural gas in EU’s energy transition

The EU Commission has pulled off a spectacular fudge by updating its draft taxonomy on sustainable investment but delaying a decision on whether natural gas and nuclear will be deemed ‘sustainable’ investments. The friction underscores how far apart different member states are in their journey towards ‘net zero’.

The updated legislation says a separate “…