Fossil fuel lobbyists push to dilute EU anti-greenwash plan

Energy industry in particularly fights back against planned new rules on green labelling

Fossil fuel lobbyists are trying to water down planned EU rules to stop “investment greenwashing’ by setting science-based criteria for any investment which lays claim to being environmentally sustainable.

A report from lobbyist watchdog InfluenceMap has found that although some investors support the “green labelling” rules, 98% of Europe’s 50 largest investors are members of lobby groups trying to weaken the proposals.

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from World news | The Guardian https://ift.tt/2L8VOfK