The EU Climate
Businesses and energy businesses have a responsibility to project a professional and responsible image with regard to the control and monitoring of greenhouse gases and their impact on the environment. This has been a compliance issue for the energy industry , and now it has formally become part of the Agenda for Enterprise Environmental Protection . greenhouse gas emissions must now be reported quarterly to the EU Commission for Climate Action (ECCA) as part of the EU Taxonomy explained . If these emissions are not reported accurately, then they may be the subject of legal action. The European Climate Action Fund announced the launch of the EU Taxonomy , but what is the EU Taxonomy? The EU Taxonomy explained here is a system introduced by the European commission, which aims to give a clear definition of what it takes to make a business sustainable, which works together with similar legislation on reducing emissions. As part of the EU Taxonomy , the EU Budget 2009 has allocated EU