Gas and Nuclear Power Classified as Sustainable: Austria Appeals Against Decision

After a thorough legal review of this judgment, the federal government has decided to file an appeal, the Ministry of the Environment announced on Thursday.

"Classifying nuclear power as sustainable is a misguided path"

"Classifying nuclear power as sustainable is a misguided path and contradicts the fundamental idea of the taxonomy. Therefore, we are taking this further legal step," emphasized Environment Minister Norbert Totschnig (ÖVP) according to the press release. "We continue to advocate decisively for European regulations to truly promote the expansion of renewable energy sources." The taxonomy regulation is particularly significant for the financial sector, as it determines which investments can be considered "green."

According to the information, the appeal is primarily based on the fact that the court applied an incorrect standard of review from an Austrian legal perspective and that the contested regulation was adopted in violation of important procedural rules. Furthermore, Austria sees a violation of the Treaty on the Functioning of the European Union, as the regulation governs fundamental questions of the policy area. In addition, Austria believes that several provisions of the taxonomy regulation have been violated.

(APA/Red)

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