In a committee vote on Tuesday, 14 June, Members of the The EU’s directly elected legislative body comprised of 705 members. It is involved in policymaking but it does not have the power to propose new legislation. European Parliament objected to the Commission’s proposed classification of some nuclear and gas energy activities as sustainable economic activities in the EU Taxonomy. However, the final word has not yet been spoken as the The EU’s directly elected legislative body comprised of 705 members. It is involved in policymaking but it does not have the power to propose new legislation. European Parliament’s plenary will still have to vote on the A non-binding political text adopted by an institution (e.g. the Parliament) expressing a position on a topic or assessing an event, possibly demanding action. resolution objecting to the Commission’s classification.
What is the EU Taxonomy?
The EU Taxonomy is a classification system specifying which economic activities can be considered environmentally sustainable. Its goal is to foster sustainable investments by clarifying the term ‘sustainable’ and to help to implement the European Green Deal.
The Taxonomy Regulation has already been in force since 12 July 2020, setting out the main conditions that make an economic activity sustainable. Since then, the Commission has developed more complementary legislation, called delegated acts, further specifying parts of the taxonomy framework.
Who voted on Tuesday?
The delegated act in question on gas and nuclear activities has been the subject of much controversy, as became clear in the committee vote. In a joint meeting of the Parliament’s Economic and Monetary Affairs Committee and the Environment, Public Health and Food Safety Committee, 76 members objected to the Commission’s proposal of classifying some gas and nuclear activities as sustainable, while 62 supported the Commission’s proposal, and four members abstained.
Bas Eickhout, member of both committees and the Parliament’s An
“Today’s vote shows that while many of the A Member of the
What’s next?
The A non-binding political text adopted by an institution (e.g. the Parliament) expressing a position on a topic or assessing an event, possibly demanding action.
resolution adopted by the Committees on Tuesday will be put to a vote during the plenary session of the Parliament from 4-7 July. The The EU’s directly elected legislative body comprised of 705 members. It is involved in policymaking but it does not have the power to propose new legislation.
European Parliament might force the Commission to withdraw or amend the proposal if an absolute majority of 353 A Member of the