To succeed in the energy transition, more than 60 billion additional dollars per year are needed (Le Maire)

To succeed in the energy transition, “60 to 70 billion additional euros per year” are necessary, quantified the Minister of the Economy Bruno Le Maire in an interview with the Journal du Dimanche (JDD).

He called on local authorities and private actors to participate in the financial effort, considering that the State can bear part of it but not all of it and that it should play the role of leverage for private investment.

This is the whole purpose of the bill that I will present in May, indicated the Minister.

At the beginning of January, during his greetings to economic players, the tenant of Bercy had indicated that he wanted to make France the first green industrial nation in Europe, by means of a future bill accelerating the creation of new industrial sites and encouraging decarbonation.

Asked by the JDD about the objectives of industrialization and decarbonization, Mr. Le Maire stressed that there had been massive investments (…) already committed with France 2030, such as the hydrogen plan, the construction of six new nuclear reactors , electric battery factories, particularly in the North.

On Saturday, President Emmanuel Macron admitted in a video posted on social media that France needed to double its rate of effort to reduce carbon emissions if it was to meet its 2030 targets.

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Today, we are not there. And if we don’t change things, we won’t get there, he said, drawing a timetable – from February to June – of chances to be respected by sector of activity (transport, agriculture, etc.), two days after meeting a discreet council on ecological planning at the Elyse.

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