Nat Gas is Green Fit for a Long Transition “The EU Taxonomy now falls short of its own initial goal, which was to prevent greenwashing in the financial system. Investors, companies and consumers will now be looking elsewhere for the science-based clarity and credibility they need,” Tubiana said.
Last Summer...... But some observers were encouraged by the vote and see it as an indication that European governmental leaders are facing the tough reality that it will take time and many steps to transform energy infrastructure, according to David Blackmon, an energy-related public policy analyst and consultant based in Texas.
The vote “reflects a growing recognition that the ongoing ‘energy transition’ is going to be far more complex and difficult to achieve than the overarching, simplistic narratives,” Blackmon told CNBC.
“The fact that a legislative body as environmentally focused as the European Parliament has been now recognizes the role that both natural gas and nuclear must play to ensure the continent’s energy security and stability is a welcome shift in outlook that should serve as an example worth of emulation by the Biden administration.”
Todays News on Algonquin Power on selling Renewables emphasizes the changes finally coming..