-
South Korea makes Asian Games complaint over Japan warlord ceremony
-
Baby orangutans in India expose 'frightening' scale of trafficking
-
US aid cuts are killing Kenyan sex workers
-
Doom Loop? Ed Sheeran struggles against Gaza tide
-
October 7 survivors, families take centre stage in Israel vote
-
Sudanese women hold fast to threatened henna body art
-
Captain Mat Ryan axed from Socceroos squad for Brazil games
-
Man Utd misery puts Carrick under pressure, Spurs feeling the heat
-
US approves sale of 48 F-35 jets to Saudi Arabia
-
Prized Mexican relic returns on loan, two centuries on
-
Juventus, Palace cruise to Europa League wins, Bournemouth beat Sociedad
-
Venezuela unblocks some censored news sites
-
Stocks climb as oil retreats, Fed calms inflation fears
-
Samba stars on debut in Man City rout of Norwich
-
Russians begin voting in controlled election as war drags
-
Oversight Board blasts 'inadequate' Meta safeguards for AI deepfakes
-
Hispanics feel 'betrayed' on immigration, Republican warns Trump
-
The Easter Island origins of buzzy Malkovich drama 'Wild Horse Nine'
-
High-scoring Bears face Vikings in battle of NFL unbeatens
-
Third body recovered after Grand Canyon flash flood
-
'In our lane': Fed's Warsh defies Trump but still fighting for credibility
-
Harry makes first public appearance since return to UK
-
Trump admin makes major cut to endangered species protections
-
Abhishek hits record T20 ton as India sweep series 3-0
-
Princess Diana's brother makes new explosive claims against Charles
-
Abhishek hits record T20 ton as India sweep T20 series 3-0
-
Ovechkin on Russian political video: 'I support my country'
-
English FA calls for Infantino to release World Cup sell-off documents
-
Can we shut down AI?
-
GM delivers first components for US interceptor missiles
-
Teenager Sullivan named in new-look US squad
-
Trump admin overhauls key protection for endangered species
-
Travis Scott and Keith Richards feature on GTA VI soundtrack
-
Abhishek hits record T20 ton as India post 221-7 against Afghanistan
-
AFP photo shows Trump examining image of apparent Kennedy Center razing
-
Macron hosts Lebanon security talks to back 'indispensable' army
-
Pochettino rings changes for USA friendlies
-
Final rally of season in Saudi Arabia cancelled due to Middle East conflict
-
Alonso says Chelsea ambition 'very clear' after end of Boehly era
-
Gaza documentary sparks political storm in Israel
-
Mbappe draws political fire over Ceuta t-shirt controversy
-
King Charles warns tech bosses of 'existential dangers' of AI
-
Third malaria death in Germany from outbreak tied to Frankfurt airport
-
French fishermen block ports over petrol prices
-
AtlasClear Holdings Reports Preliminary Fiscal 2026 Revenue of Approximately $20.1 Million, Up 85%; Revenue Plus Interest Income of Approximately $21.9 Million
-
AFP photo shows Trump examining image of Kennedy Center apparent demolition
-
Alonso says Chelsea ambition clear after end of Boehly era
-
Andersson vows to take Sweden in 'new direction' after election win
-
Micron's Taiwan workers say 68 months' bonus not enough
-
Turkey's Erdogan to run again in early 2028 vote, top adviser says
Brussels weathers backlash over calling gas and nuclear sustainable
The European Commission on Wednesday defied angry dissent from EU governments and protests from green campaigners to give a sustainable finance label to investments in both gas and nuclear power.
Austria warned it will go to court to try to halt the measure, while Germany -- which backed the inclusion of gas -- called extending the labelling to nuclear "unacceptable".
Critics of nuclear energy point to the threat posed by accidents and nuclear waste, while opponents of gas want to discourage investment in a fossil fuel technology they say only adds to the climate change crisis.
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 decision "may be imperfect, but it is a real solution," EU commissioner Mairead McGuinness said.
While the EU is aiming for renewable energy to secure its low-carbon ambitions, she stressed that "we do not have the capacity for that yet -- but we still need to act urgently with all the means at our disposal".
The commission's announcement on Wednesday makes the labelling a done deal, unless a supermajority of EU countries, or a majority in the European Parliament, block it. Insiders said that was unlikely.
The controversy around the issue reflected the fact that EU countries each have very different energy mixes, and while they agree on climate change fighting goals they do not want to see disproportionate pain fall upon them to get there.
EU heavyweights Germany and France each rallied other member states around their respective backing of gas and nuclear.
But Germany -- which relies on Russia for most of its imported gas -- was scathing on nuclear being included in the labelling exercise, which Brussels calls its "taxonomy".
"Germany is clearly and unequivocally against the inclusion of nuclear power in the taxonomy," German Environment Minister Steffi Lemke said.
"Nuclear power is anything but sustainable," she said, calling its inclusion "a major mistake that will... endanger our climate targets".
Austrian Environment Minister Leonore Gewessler -- whose Alpine country produces most of its energy from hydropower -- was also critical, but of both nuclear and gas.
"The decision is wrong because it endangers the future... We are giving our children a backpack full of problems... It's irresponsible," she said.
Before the announcement, Austria, Denmark, the Netherlands and Sweden jointly signed a letter firmly opposing has projects as "largely incompatible" with the goals of the Paris climate agreement.
- 'Attempted robbery' -
In a sign of the hurdles faced by the commission in pushing through the labelling text, agreement among the EU's 27 member states was not unanimous. A vote had to be held before the announcement.
Green activists, too, expressed outrage.
Greenpeace sustainable finance campaigner Ariadna Rodrigo said: "I'd like to report an attempted robbery, please.
"Someone is trying to take billions of euro away from renewables and sink them into technologies that either do nothing to fight the climate crisis, like nuclear, or which actively make the problem worse, like fossil gas."
But McGuinness defended the decision, and argued that the plan imposes safeguards on how nuclear and gas projects are conducted under sustainable finance rules.
The fight over the European Union's classification of power sources is the latest dust-up in discussions between the member states on how to achieve a net zero-carbon economy by 2050.
Brussels had high hopes that the EU would help set a global standard on determining sustainable projects and direct big flows of Wall Street money towards saving the planet.
To win the label, gas and nuclear projects are subject to constraints: projects must be approved by 2030 and 2045 respectively, as well as meet a long list of sector-specific criteria.
O.Bulka--BTB