-
Oil prices spike on fresh US-Iran attacks, tech weighs on stocks again
-
'Indispensable' Xiaohongshu app fuels Chinese tourism
-
Spaniard's rare skin disorder ups danger of summer heat
-
NFL seeks to break into Africa with Kenya competition
-
Protected but deported anyway, as Trump goes after 'dreamers'
-
Yamal aims to steal Mbappe's World Cup thunder in semi-final showdown
-
Dodgers face Ohtani knee issues in MLB three-peat bid
-
Fisk outlasts Pendrith in playoff to win PGA Tour Louisville title
-
Warriors forward Green details LeBron recruiting pitch
-
US strikes Iran as Gulf states targeted in flareup over Hormuz
-
Massive fire in Bangkok bar kills at least 27
-
'Final before final': France face Spain in World Cup blockbuster
-
Zverev vows to chase down Wimbledon champion Sinner in trophy charge
-
England's Ecclestone glad to get 'one-up' on brother with five-wicket Lord's haul
-
Five classic France v Spain clashes before World Cup semi-final
-
Major fire rages in Fontainebleau forest near Paris
-
World Cup gets set for pair of blockbuster semi-finals
-
Sinner enjoying 'very rare' Wimbledon triumph
-
Venezuela quake death toll rises to 4,490
-
England open door to Flower return after McCullum axed as Test coach
-
McGregor says knee fine before first-kick injury, vows return
-
South Korea's Tom Kim wins Scottish Open to end three-year title drought
-
Hundred heroine Bhatia says its's 'unbelievable' to be on Lord's honours board
-
'It's amazing': Sinner revels in Wimbledon glory after Zverev battle
-
Irrepressible Sinner outlasts Zverev to win second straight Wimbledon title
-
Fresh attacks hit Iran, Kuwait as Tehran and US square off over Hormuz
-
Ryu defeats Henderson in play-off to win back-to-back majors in Evian
-
Argentina football great Rattin dies at 89
-
Spain ex-PM draws criticism with 'xenophobic' remark on French team
-
Argentina great Rattin dies at 89
-
Israel elections to be held on October 27: parliament
-
Bellingham drags England into World Cup semis but Tuchel demands more
-
Zelensky orders new PM in major government reshuffle
-
Pogacar calls for cycling calendar overhaul due to heatwave
-
Van der Poel stays calm in the heat to win Tour de France stage nine
-
Van der Poel wins shortened Tour de France ninth stage
-
Iran declares Hormuz strait closed, US military insists traffic flowing
-
McCullum sacked as England Test coach but retains white-ball role
-
Marc Marquez cruises to Germany MotoGP victory, enters title race
-
Bhatia first woman to score Lord's Test century as India run riot
-
Mladenovic and Guo win Wimbledon women's doubles title
-
'Insane heat': Durbridge calls for earlier Tour de France starts
-
McCullum stands down as England Test cricket coach
-
McCullum stand downs as England Test cricket coach
-
Marc Marquez cruises to Germany MotoGP Grand Prix victory
-
India's Bhatia becomes first woman to score Lord's Test century
-
Ukraine's Zelensky orders government reshuffle, new PM
-
India's Bhatia in sight of becoming first woman to score Lord's Test century
-
Iran, US trade more strikes as fighting escalates
-
Нуша Аубель і Потсдам: довіра втрачена
EU Parliament backs green label for gas, nuclear
The European Parliament approved on Wednesday a contentious EU proposal giving a sustainable finance label to investments in gas and nuclear power, sparking claims of "greenwashing" by environmental lobbyists.
MEPs in the eastern French city of Strasbourg declined to reject the measure, which was backed by France and Germany.
There were 278 votes to stop it while 328 voted for a green light. There were 33 abstentions.
Czech Prime Minister Petr Fiala, whose country has just taken over the rotating EU presidency from France, tweeted that the result was "excellent news" for Europe.
"It paves the way towards energy self-sufficiency which is absolutely crucial for our future," he said.
The green label, known in EU parlance as the "taxonomy", for gas and nuclear is the only way that certain EU countries will "be able to meet their climate targets," he had warned before the vote.
A small but influential group of member states and activists had lobbied hard for MEPs to reject the label, in a coalition of opponents to nuclear and gas energy.
Critics of gas point to the war in Ukraine as the most urgent reason to reject the green label, saying that encouraging investment would only increase dependence on Russian supply.
“It’s dirty politics and it’s an outrageous outcome to label gas and nuclear as green and keep more money flowing to Putin’s war chest," Greenpeace EU sustainable finance campaigner Ariadna Rodrigo said.
"We will fight this in the courts," she added.
Eco-campaigner Greta Thunberg tweeted that "the hypocrisy is striking" and argued that the parliament's adoption "will delay a desperately needed real sustainable transition and deepen our dependency on Russian fuels".
Critics of nuclear energy, meanwhile, point to the threat posed by accidents and nuclear waste and believe solar and wind energy is the best way forward.
But the EU executive, under pressure from nuclear-powered France and gas-reliant Germany, argues that both have a role to play as cleaner power sources during the transition to a net-zero carbon future.
The EU hopes that its label will steer huge sums of private capital into activities that support climate goals.
Backers of the taxonomy insist that investment in gas and nuclear is a necessary step on "the route to sustainable energy sources," said German MEP Christian Ehler.
For this reason, the vote is a "wise decision" that will lead to more renewables down the road, he added.
S.Abdullah--SF-PST