John Ainger and Greg Ritchie provide some alternative views and feedback from the industry on the EU Commission decision to include gas and nuclear in the Green Taxonomy. They refer to EDHECinfra’s research paper “The cost of capital of brown gas”, highlighting a concern that incentives to invest in gas could mean that funding for renewables gets partially crowded out.

“Including gas in the Green Taxonomy creates a genuine price distortion and a perverse incentive to limit future investments in renewable energy technologies,” wrote the report’s authors including Frederic Blanc-Brude.

Read the full article here.