A demonstration at the Trocadero. Paris, February 9, 2023. ALAIN JOCARD/AFP
A lot of buzz for nothing? Only certainty, the proposed socialist law on nationalization “without risk of dismantling” of EDF, voted on Thursday in the Assembly against the advice of the government, has caused a lot of ink to flow.
The PPL carried by the socialist deputy Philippe Brun was adopted at first reading, with 205 votes against 1, after the deputies of the presidential majority deserted the hemicycle. They wanted to denounce “a masquerade”. Philippe Brun explained, he wanted to protect EDF from dismantling. “I have been able to consult very recent notes which reveal the government’s hidden plan to privatize EDF.” The state would seek to “reimburse the rise in EDF’s capital and the nationalization of nuclear and hydroelectricity by privatizing profitable activities”. It would be “to socialize the losses and privatize the profits”. A thinly veiled reference to the Hercule project, initiated in 2019, providing for the restructuring of EDF into three separate entities (nuclear…
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