The EU's plan to label investments in gas and nuclear power plants as climate-friendly faces a final vote on Wednesday when European lawmakers decide whether to accept or reject proposals that have divided governments and investors.
The vote is the final hurdle in the European Union's long-delayed decision on whether to add the two energy sources to its "taxonomy", a rulebook determining which investments can be marketed in Europe as being sustainable.
European People's Party lawmaker Christian Ehler said the taxonomy's impact on future investment was not yet clear, but he said its harsh limits on CO2 emissions and other criteria would ensure investments in gas plants complied with climate goals.
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