Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Mutual funds flex voting muscle – Mutual Funds News
    • Can ₹50 lakh grow into ₹5 crore through mutual funds? Here’s what a 15-year investment could deliver
    • Think the AI Bull Market Is Just Getting Started? These 3 ETFs Are Positioned for the Next Leg
    • Early redemptions of retail government bonds top W211b in first half
    • Where to invest $20,000 in ASX ETFs for 10 years
    • 3 EV Mutual Funds in 2026: Capitalising on India’s Electric Vehicle Growth – Money Insights News
    • Why Hedge Funds Are Being Pushed to Go Outside Their Walls for an Edge
    • SBI Funds Management IPO Day 3: Strong Retail Buying Clears Path For Solid Listing
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Investments»Court rules Europe can call nuclear and natural gas sustainable investments for its green transition
    Investments

    Court rules Europe can call nuclear and natural gas sustainable investments for its green transition

    September 11, 2025


    Nuclear energy and natural gas will still be considered environmentally sustainable investments in the European Union following a court ruling Wednesday, potentially driving massive amounts of financing toward projects that are not widely considered “green.”

    Austria had sued the European Commission, the bloc’s executive, over the inclusion of gas and nuclear in the EU’s classification system for environmentally sustainable economic activities. The system helps direct investments to the projects that are most needed to cut planet-warming greenhouse gas emissions.

    The General Court at the European Court of Justice on Thursday ruled in favor of the commission, dismissing Austria’s action.

    Nuclear power is a carbon-free source of electricity but it is not typically labeled as green energy, like solar, wind and other renewables. Generating power this way requires mining and processing uranium to create nuclear fuel, an energy-intensive process that produces emissions.

    Nuclear reactors generate radioactive waste and there’s a risk of accidents. Natural, or fossil, gas has lower carbon emissions than coal, but it still warms the planet when burned to produce electricity.

    The commission said that the court confirmed the legality of the way the sustainability criteria were set. European companies are increasingly using the classification system to plan their green investments totaling hundreds of billions of euros, according to the commission.

    The European Union aims to be “climate-neutral” by 2050, an economy where the amount of greenhouse gases produced is no more than the amount removed from the atmosphere. The European Parliament and the Council of the European Union established a framework in 2020 to direct investment in ways that help mitigate or adapt to climate change.

    In 2022, the European Commission adopted a regulation to include certain activities in the nuclear energy and fossil gas sectors, as transitional ways to accelerate progress to climate neutrality. It was an acknowledgement of how countries have different energy mixes and were at different starting points in deploying renewables at scale.

    Austria sought to have that regulation annulled. Leonore Gewessler filed the suit in 2022 while serving as Austria’s environment minister because she said the regulation was “opening the door to the greenwashing of climate-harming and dangerous technologies.” Austria does not have any operational nuclear power plants.

    Luxembourg supported Austria’s case. The commission was supported by Bulgaria, the Czech Republic, France, Hungary, Poland, Romania, Slovenia, Slovakia and Finland.

    The court found that the commission did not exceed its authority by including nuclear energy and gas. The court endorsed the view that economic activities in the nuclear energy and gas sectors can, under certain conditions, contribute substantially to climate change mitigation and adaptation.

    The Brussels-based trade association for the nuclear energy industry in Europe, “nucleareurope,” said being in the taxonomy can help encourage private investments in nuclear projects.

    Now the parliamentary leader of the Austrian Greens, Gewessler called on the Austrian government to appeal. She said an enormous amount of funding is at stake, which should go into safe renewables, not into risky and costly reactors.

    “This ruling sends a disastrous signal to the entire EU,” Gewessler said in a statement Wednesday. “If this decision stands, it undermines a fundamental principle: where it says green, it is no longer truly green. Those seeking green investments may end up supporting nuclear power or dirty gas.”

    ___

    AP writer Sam McNeil contributed to this report from Brussels.

    ___

    The Associated Press’ climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Retail Tech Investments Soar: AI Driving Growth & Innovation

    July 9, 2026

    Why tech investors are reevaluating AI investments | articles

    July 7, 2026

    How to Use Alternatives in Your Portfolio

    July 6, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023

    The Evolution of Art and Art Investments: A Historical Perspective on Fruitful Returns and Wealth Management

    August 21, 2023
    Don't Miss
    Mutual Funds

    Mutual funds flex voting muscle – Mutual Funds News

    July 16, 2026

    The share of mutual fund votes against company resolutions has seen a steady uptick over…

    Can ₹50 lakh grow into ₹5 crore through mutual funds? Here’s what a 15-year investment could deliver

    July 16, 2026

    Think the AI Bull Market Is Just Getting Started? These 3 ETFs Are Positioned for the Next Leg

    July 16, 2026

    Early redemptions of retail government bonds top W211b in first half

    July 16, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    In 2022, Century Lost Bond Deal That Made Them $1.8 Million; Now, They’ve Hird A Law Firm : NorthEscambia.com

    October 16, 2024

    Dave Ramsey Reveals How He Finds Mutual Funds To Invest In, Says His Portfolio ‘Pretty Much Always’ Beats The Market

    February 20, 2026

    Mutual fund industry witness record inflows in July, see growth of 264% MoM: ICRA Analytics

    August 20, 2025
    Our Picks

    Mutual funds flex voting muscle – Mutual Funds News

    July 16, 2026

    Can ₹50 lakh grow into ₹5 crore through mutual funds? Here’s what a 15-year investment could deliver

    July 16, 2026

    Think the AI Bull Market Is Just Getting Started? These 3 ETFs Are Positioned for the Next Leg

    July 16, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension

    May 5, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.