The General Court of the Court of Justice of the European Union, Europe’s second-highest court, ruled on Wednesday that the EU has the right to label some natural gas and nuclear projects as “sustainable investments,” dismissing a challenge brought by Austria. In 2022, the European Commission updated in 2022 its Taxonomy Complementary Climate Delegated Act on climate change mitigation and adaptation covering certain gas and nuclear activities. Under the new taxonomy, some gas projects, including several pipelines,…