{"id":6079,"date":"2020-08-25T08:00:25","date_gmt":"2020-08-25T06:00:25","guid":{"rendered":"https:\/\/reclaimfinance.org\/site\/?p=6079"},"modified":"2023-03-03T15:55:02","modified_gmt":"2023-03-03T14:55:02","slug":"behind-the-curtains-when-the-gas-and-nuclear-lobbies-reshape-the-eu-sustainable-taxonomy","status":"publish","type":"post","link":"https:\/\/reclaimfinance.org\/site\/en\/2020\/08\/25\/behind-the-curtains-when-the-gas-and-nuclear-lobbies-reshape-the-eu-sustainable-taxonomy\/","title":{"rendered":"Behind the curtains: when the gas and nuclear lobbies reshape the EU sustainable taxonomy"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-size:cover;--awb-margin-bottom:0px;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-1\"><div class=\"fusion-text\">\n<p style=\"text-align: justify;\"><b><span style=\"color: rgb(138, 197, 107);\">On August 25th, 2020, Reclaim Finance publishes <\/span><u><a href=\"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2020\/08\/Reclaim-Finance-Media-Briefing-EU-Sustainable-Taxonomy-1.pdf\" target=\"_blank\" rel=\"noopener noreferrer\" style=\"color: rgb(138, 197, 107);\">a briefing<\/a><\/u><span style=\"color: rgb(138, 197, 107);\"> warning about the extent of fossil gas and nuclear lobbying on the EU sustainable taxonomy and underlining the possibility that these previously excluded energies would be reintegrated. Reclaim Finance calls on the EU Commission to exclude natural gas and nuclear from the taxonomy and cut all ties with fossil fuel lobbies.<\/span><\/b><\/p>\n<p style=\"text-align: justify;\">Reclaim Finance investigated how fossil gas and nuclear lobbies are trying to influence the taxonomy process. The briefing, entitled \u201c<u><a href=\"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2020\/08\/Reclaim-Finance-Media-Briefing-EU-Sustainable-Taxonomy-1.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Behind the curtains: when the gas and nuclear lobbies reshape the EU sustainable taxonomy<\/a><\/u>,\u201d summarizes the results of this investigation studying data reported by companies, lobbying agencies and organizations from the natural gas and nuclear sector in the <a href=\"https:\/\/ec.europa.eu\/transparencyregister\/public\/homePage.do?redir=false&amp;locale=en\" target=\"_blank\" rel=\"noopener noreferrer\"><u>EU transparency register<\/u><\/a> since 2018.<\/p>\n<p style=\"text-align: justify;\">Highlights:<\/p>\n<ul>\n<li style=\"text-align: justify;\"><strong>189 players devote 825 lobbyists \u2013 450 full-time equivalents (FTE) \u2013 and spend between \u20ac71.4 and \u20ac86.6 million a year to influence EU decisions.<\/strong><\/li>\n<li style=\"text-align: justify;\"><strong>Between January 2018 and July 7th, 2020, EU officials held 310 meetings with gas and nuclear players, or 2.36 meetings a week. Since the publication of the final report excluding gas and nuclear from the taxonomy in March 2020, lobbyists and officials met 52 times. The frequency of these meetings increased after this report was published, from 2.28 to 2.86 times a week.<\/strong><\/li>\n<li style=\"text-align: justify;\"><strong>The fossil gas lobby is especially vast and powerful. It gathers 167 entities that spend between \u20ac68.8 million and \u20ac82.9 million each year and devotes 759 employees\u2014419 FTEs\u2014to promoting the sector as a \u201cbridge\u201d energy.<\/strong><\/li>\n<\/ul>\n<\/div>\n<div class=\"fusion-text fusion-animated\" data-animationtype=\"fadeInLeft\" data-animationduration=\"0.3\" data-animationoffset=\"100%\">\n<p><i><u><img decoding=\"async\" class=\"aligncenter wp-image-6070\" src=\"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2020\/09\/Image1.png\" sizes=\"(max-width: 218px) 100vw, 218px\" srcset=\"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2020\/09\/Image1-200x281.png 200w, https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2020\/09\/Image1-214x300.png 214w, https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2020\/09\/Image1.png 395w\" alt=\"\" width=\"218\" height=\"306\"><\/u><u><b><span data-fusion-font=\"true\"><br \/>\n<\/span><\/b><\/u><\/i><\/p>\n<p style=\"text-align: center;\"><i><u><span data-fusion-font=\"true\"><a href=\"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2020\/08\/Reclaim-Finance-Media-Briefing-EU-Sustainable-Taxonomy-1.pdf\">Download the briefing<\/a><\/span><\/u><\/i><i><\/i><\/p>\n<\/div>\n<div class=\"fusion-text\">\n<p>Methodology: Data originates from the EU transparency register. For detailed methodology see the full briefing.<\/p>\n<\/div>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":28,"featured_media":5466,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[224,228],"tags":[238,533,531],"acteurs_financiers":[2444],"thematique":[2423,2419],"webinar_type":[],"programme":[],"class_list":["post-6079","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-report","category-secondary-en","tag-gas-en","tag-nuclear","tag-taxonomy","acteurs_financiers-regulators","thematique-fossil-fuels","thematique-oil-and-gas-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Behind the curtains: when the gas and nuclear lobbies reshape the EU sustainable taxonomy - Reclaim 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