Energy Horizons: Eu Taxonomy: How Does it Affect Investments in the Italian Energy Sector?

July.12.2022

Last week the European Parliament voted to keep natural gas (and nuclear power) in its taxonomy of sustainable economic activities with the aim of redirecting fundings towards these projects in the pursuit of decarbonization. How will this decision affect investments in the Italian energy sector? Does Italy need new gas plants to face the energy crisis and accelerate the energy transition? Is it true that gas distribution infrastructures can also be used to transport green hydrogen? What role can green hydrogen play in the decarbonization of our industry? Daria Buonfiglio asks these and more questions to Michele Governatori, Power & Gas Programme Lead at ECCO, the first independent Italian climate change think tank.