Joint Statement: A Taxonomy Delivering Sustainable Growth in Europe
13 October 2021
EUGINE, together with 11 other sectorial associations, has co-signed a statement calling for a Taxonomy “Climate Delegated Act” that truly promotes necessary investments enabling a sustainable transition to climate neutrality.
The joint statement lists several key points already repeatedly underlined by our association, namely:
- The need for evidence-based and realistic technical screening criteria
- The need to duly acknowledge the role of natural gas-based electricity and/or heat generation in guaranteeing security of supply and grid stability
- The need for a clear methodology for measuring cogeneration emissions in the delegated act for transitional activities
In addition, the statement also expresses stakeholders’ growing concerns over the fact that Taxonomy criteria are increasingly being used as reference points or legal basis to revise key climate and energy legislation. This goes in direct contradiction with the stated objectives of the Taxonomy, which is meant to be an informative tool only.