Interesting interview this morning on RTE Radio One with European Commissioner Mairead McGuinness, speaking about the EU Taxonomy and the recent decision to label gas and nuclear energies as green or sustainable.
This conversation is not going away. Our push to move our industries towards renewables cannot happen fast enough.
Commissioner McGuiness insisted that she was not naive about gas or nuclear, but that the EU must determine if there is a role for both in some circumstances as we make the transition to renewables.
She stated that the EU Taxonomy has very strict criteria and that any private investors thinking of investing in energy, should do it within the EU Taxonomy structure, rather than have this happen freely in the market with less governance.
In defending her position against the comment from MEP Ciaran Cuffe that she was lobbied by the gas industry, and she was pandering to larger member states like France (with its commitment to Nuclear) and Germany (with Gas), Commissioner McGuinness insisted that this was the case.
The challenge here is clear. There will be some degree of fossil fuel reliance in the short term at least. But the sooner we can get our industries moving towards total renewable energy, the better it will be for the future of our businesses, for our communities and for our planet.
Astatine are working with companies across every sector, helping them to find energy independence and efficiency. Because we all want a cleaner, better future for our business.
The full interview is available on the RTE payer here: