EU lawmakers ban nuclear from green transition fund, leave loophole for gas


  • World
  • Tuesday, 07 Jul 2020

FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, February 19, 2020. Picture taken February 19, 2020 REUTERS/Yves Herman/File Photo

BRUSSELS (Reuters) - European Union leaders are split over which fuels deserve support from the bloc's flagship green energy fund, after lawmakers on Monday called for rules that could allow the money to be spent on some fossil gas projects.

The European Commission wants to launch a 40 billion euro (36 billion pounds) Just Transition Fund using cash from the bloc's coronavirus recovery fund and its budget for 2021-27, to help carbon-intensive regions launch green industries and retrain workers currently in polluting sectors.

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