Fossil fuel lobbyists push to dilute EU anti-greenwash plan | Environment | The Guardian
▻https://www.theguardian.com/environment/2019/dec/02/fossil-fuel-lobbyists-push-to-dilute-eu-anti-greenwash-plan
▻https://i.guim.co.uk/img/media/4214ba103c5d81190f2b406a5c85dd253da41daf/0_115_1733_1040/master/1733.jpg?width=1200&height=630&quality=85&auto=format&fit=crop&overlay-ali
Fossil fuel lobbyists are trying to water down planned EU rules to stop “investment greenwashing’ by setting science-based criteria for any investment which lays claim to being environmentally sustainable.
A report from lobbyist watchdog InfluenceMap has found that although some investors support the “green labelling” rules, 98% of Europe’s 50 largest investors are members of lobby groups trying to weaken the proposals.
The new “green taxonomy” law would enable the EU to set science-based criteria for what kind of investments can be marketed as “environmentally sustainable”.