Comment on “EU Taxonomy: Mission Impossible” by Kooths (2023)
The Economists Voice,
Journal Year:
2025,
Volume and Issue:
unknown
Published: Feb. 13, 2025
Abstract
Stefan
Kooths’s
(2023)
article,
“EU
Taxonomy:
Mission
Impossible,”
offers
a
critical
perspective
on
the
European
Union
(EU)
Taxonomy,
arguing
that
it
conflicts
with
free-market
principles
and
could
potentially
impede
economic
growth.
While
Kooths
raises
legitimate
concerns
about
bureaucratic
burdens
risk
of
market
distortions,
this
paper
argues
EU
Taxonomy
is
an
essential
policy
tool
to
correct
failures,
enhance
transparency
in
sustainable
finance,
catalyze
transition
toward
more
resilient
economy.
This
commentary
addresses
criticisms
while
providing
balanced
view
Taxonomy’s
potential.
Specifically,
highlights
its
role
addressing
environmental
externalities,
boosting
investor
confidence
by
reducing
greenwashing,
fostering
green
growth
innovation
both
within
globally.
Language: Английский
Sustainable Finance Research, Standards, and Reporting: Insights from Quantitative and Qualitative Data Using Fine-Tuned BERT Models Work in Progress
Published: Jan. 1, 2025
Language: Английский
Accounting for the EU Green Taxonomy: exploring its concept, data and analytics
Accounting Forum,
Journal Year:
2024,
Volume and Issue:
48(3), P. 365 - 373
Published: July 2, 2024
Language: Английский
ESG and bank profitability: the moderating role of country sustainability in developing and developed economies
Green Finance,
Journal Year:
2025,
Volume and Issue:
7(2), P. 288 - 331
Published: Jan. 1, 2025
Language: Английский
Renewable Energy, Sustainable Business Models, and Decarbonization in the European Union: Comparative Analysis of Corporate Sustainability Reports
Ningshan Hao,
No information about this author
Voicu D. Dragomir
No information about this author
Sustainability,
Journal Year:
2025,
Volume and Issue:
17(8), P. 3646 - 3646
Published: April 17, 2025
The
purpose
of
this
article
is
to
investigate
the
development
sustainable
business
models
(SBMs)
renewable
energy
companies.
To
assess
degree
alignment
with
European
Union
Taxonomy
for
activities
(Regulation
2020/852),
Green
Deal,
and
Sustainable
Development
Goals
five
companies—Ørsted,
Engie,
Vattenfall,
Iberdrola,
Enel—we
have
used
their
sustainability
reports
from
2023.
We
analyzed
how
each
company
contributes
EU
climate
targets
strategy
achieve
a
55%
reduction
in
greenhouse
gas
emissions
by
2030
net
zero
2050.
results
showed
challenges
faced
switching
traditional
fossil
fuel
models.
Due
regulatory
constraints
different
organizational
structures,
has
adopted
specific
SBM
respect
power
generation
green
transition.
advantages
disadvantages
these
SBMs
were
identified
described
comparatively
help
regulators,
policymakers,
industry
associations
improve
reporting
sector.
Language: Английский