For anyone wondering why gas, it's gas only in specific cases. > Investments in natural gas power plants would also be deemed green if they produce emissions below 270g of CO2 equivalent per kilowatt hour (kWh), replace a more polluting fossil fuel plant, receive a construction permit by Dec. 31 2030 and plan to switch to low-carbon gases by the end of 2035.
Yes, it's oddly specific but apparently intended to allow countries to classify energy from such plants as "green" and treat it as such when buying/selling or taxing it. That is important because a lot of companies that are interested in buying green energy in order to reduce their carbon emissions would care about their energy being labeled as green. There is a lot of book keeping that is happening related to this a…
And they will be right. If it emits carbon it isn't green, it really is that simple.
By giving themselves this loophole the EU is undermining the market forces that will make green energy viable. We don't need to find economical energy sources anymore. We need to dump money into green energy now and last month and a decade ago. The price doesn't matter, just build true green energy and subsidize it until it becomes economical.