The EU's top court on Wednesday upheld the European Commission's decision to give a sustainable finance label to investments in natural gas and nuclear power, dismissing a complaint by Austria.
The European Commission in 2022 defied protests from green campaigners and dissent in its own ranks to give a sustainable finance label to investments in both gas and nuclear power.
The EU argued that both have a role to play as cleaner power sources during the transition to a net-zero carbon future.
But fiercely anti-nuclear Austria challenged the decision in court, with its government highlighting safety concerns and uncertainty over how to deal with nuclear waste.
The Court of Justice of the European Union (CJEU) found that the commission did "not exceed" its power and "was entitled" to the v