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Nuclear has a place in EU taxonomy, court rules
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World Nuclear News
The European Union's General Court has dismissed Austria's attempt to annul the European Commission's inclusion of certain gas and nuclear activities in its list of officially approved "green" investments.
In 2020, the EU legislature adopted the Taxonomy Regulation, by which it established a framework to facilitate sustainable investment.
Austria filed a lawsuit against the Commission in October 2022 challenging its decision to include gas and nuclear in the EU's "taxonomy".
The Luxembourg-based General Court of the Court of Justice of the European Union - Europe's second-highest court - has now dismissed the action brought by Austria.
According to the General Court, by including nuclear energy and gas in the sustainable investment scheme, the Commission did not exceed the powers which the EU legislature properly conferred on it.
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