Nuclear plants stop in stock market despite green taxonomy

• The index that includes the main firms in the industry falls by 8%
• European Supervisory Authorities call for more transparency

The green taxonomy of nuclear energy and gas will enter into force on January 1, 2023 following validation by the European Council on July 6. The new classification of sustainable investments is generating controversy: natural gas for its fossil fuel base and nuclear gas for uncertainties about its alignment with the principle of “do no significant harm” to the total environmental objectives. And organizations such as Greenpeace have already taken legal action to denounce the EU executive for its controversial decision, which they call greenwashing (creating an illusory image of ecological responsibility).

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