It would be, and then I'd have a lot of power to decide which companies succeed and which do not.
In the earlier session, somebody said, “Well, it's a taxonomy. It's just a description. It's value-neutral.” It is not value-neutral.
I understand that the EU taxonomy in articles 6, 8 and 9 was supposed to just be descriptive in using blue, green and red—you want to invest in blue, green and red funds. This is not how things have gone. If you're an article 9 fund, you're much more likely to get capital than if you're an article 8 fund, so if we classify certain activities as green, those will get more capital than the ones that don't have that classification, and it may well be that companies will spend a lot of effort in ticking the box and getting the classification rather than doing the right thing.
Actually, in some of my own research on a different topic—diversity, equity and inclusion—what I find is that when demographic diversity, which often comes into taxonomies, has no relation to true equity and inclusion within the workforce—to inclusiveness in corporate culture—we can focus on the things that hit the taxonomy without actually creating value for wider society.