Investor groups call on UK to exclude natural gas from ‘green taxonomy’

Published by
Reuters UK

By Juliette Portala (Reuters) – The heads of three investor groups urged British Prime Minister Boris Johnson to exclude natural gas from the country’s “green taxonomy” or risk undermining its scientific credibility, in a letter on Tuesday. Britain is among countries looking to better define what activities are climate-friendly through such a list, to help steer private capital towards those supporting its target to get to net-zero greenhouse gas emissions. While it is set to base its rulebook on existing frameworks, including that of the European Union, the bloc’s own sustainable finance taxo…

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