Answer to the consultation on the draft Taxonomy Delegated Acts

Europe: France Industrie welcomes the European Commission’s draft delegated acts. France Industrie believes that taxonomy should be a driving force behind decarbonisation of the EU economy. Its ambition should be as inclusive and aspirational as possible to steer the necessary investments in the energy transition. We strongly believe that, by being too binary and not inclusive enough, the EU Taxonomy could miss its target and remain a green “niche”, with few impacts on the market transparency and investments flows. The association wants to draw the European Commission’s attention to three key points of analysis :

1. Equal treatment for all technologies contributing to EU decarbonisation trajectory

2. Hydrogen production and low-carbon energy sources

3. Consistency, stability & subsidiarity