Mairead McGuinness, the European Commissioner for Financial Services, Financial Stability, and Capital Markets Union, says that the European Commission's new label for sustainable finance sets out "how gas and nuclear could make a contribution in the difficult transition to climate neutrality", despite controversy over giving the sustainable finance label to both nuclear power and natural gas. Opponents of gas want to discourage investment in a fossil fuel technology they say only fuels the climate change crisis, while critics of nuclear energy point to the threat posed by accidents and nuclear waste. SOUNDBITE

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