In ener|gate Gasmarkt 05/21, I reported extensively about the role of natural gas under the financing framework of sustainable infrastructure projects (TEN-E) and the classification of sustainable activities, the so-called taxonomy. After the EU Commission published its proposal for including natural gas into the taxonomy at the end of 2021, fierce debates started in Germany. I will report about this below. Regarding TEN-E, a new agreement was reached in December. This should not be forgotten here in my report, but it is a minor topic.
1.1 Taxonomy
Considering the whole discussion about power production from natural gas - and from nuclear energy - as sustainable activities, the hefty debates after the Commission’s proposal was published are not surprising. Already in spring, several proposals were very controversial. At the time, the decision to include natural gas and nuclear energy or not was delayed due to the very different standpoints of member states. In autumn, the discussion was back after the Commission resumed work on the proper dealing with natural gas and nuclear energy. Exactly on the last day of 2021, it published the proposals. Until January 21 (the first deadline was January 15), the platform for sustainable finance and the member states could provide written comments...