EU drafts plan to label gas and nuclear investments as green

By Kate Abnett and Simon Jessop (Reuters) -The European Union has drawn up plans to label some natural gas and nuclear energy projects as "green" investments after a year-long battle between governments over which investments are truly climate-friendly. The European Commission is expected to propose rules in January deciding whether gas and nuclear projects will be included in the EU "sustainable finance taxonomy". This is a list of economic activities and the environmental criteria they must meet to be labelled as green investments. By restricting the "green" label to truly climate-friendly p...