Climate change is speeding up. And yet, the EU is about to pass a law that could divert billions of euros from renewable energy to fossil gas and nuclear power projects. More pollution. More delays. It makes no sense!
Climate scientists now say that we only have a 50% chance of stopping a 1.5C global temperature rise.
Thankfully, the European Parliament can still reject the law that defines what investments are "green". Europe could still get this right. But we need to convince enough MEPs to vote NO in June, and reject the EU's tampered list of "green" investments.
Will you sign and share today?
Tell the European Parliament to vote NO to the Taxonomy Complementary Climate Delegated Act.
Over 120,000 SumOfUs members like you pushed the European Commission back in 2019 and 2020 to crack down on the finance sector's fake green investments, and make the EU Sustainable Taxonomy meaningful. But the draft law today is worse than nothing at all.
We need at least 353 MEPs to vote against this proposal to block it. If the European Parliament gives it a green light, they'll be opening the door to massive investments in fossil gas and the nuclear sector at the expense of renewable energy.
Will you sign and share the petition, so we can stop fake green investments?
CNBC. 10 May 2022.
CAN Europe. 3 January 2022.