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France Allocates €10 Billion to a 50-point program designed to address Climate Change

France Allocates €10 Billion to a 50-point program designed to address Climate Change

French President Macron delivers a speech for climate change plans
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50-point plan also aims to reduce greenhouse gas emissions by 55% and includes new offshore wind projects

France has unveiled an ambitious “ecological plan” to combat climate change, aiming to reduce greenhouse gas emissions by 55% and phase out fossil fuels by 2030. President Emmanuel Macron announced the plan, which includes allocating an additional €10 billion to a 50-point program designed to address climate change while maintaining competitiveness in agriculture and industry.

“France reduces our dependence on so-called fossil fuels, coal, petrol, and gas, which we don’t produce anymore but on which we depend,” Macron stated. The goal is to reduce this dependence from 60% to 40% by 2030. “The priority that we have set is that by January 2027 we will have totally ended the use of coal for our electricity production,” he added.

Key elements of the plan include ending coal use for electricity production by January 2027, accelerating electric car production, expanding offshore windfarms, opening electric battery factories, and investing in the regional train network. Additionally, companies responsible for the highest industrial emissions are committing to reduce pollution by 45% before 2030.

Macron also revealed initiatives to promote electric vehicle adoption and provide state-sponsored leases for households with modest incomes. “By 2027, France will have produced at least 1 million electric vehicles,” he said.

Related Article: France Budgets 500 Million Euros Annually for Green Industry Tax Credit

France Sets Ambitious Climate Goals

France is committed to reducing greenhouse gas emissions by 55% by 2030, aligning with EU targets, according to President Emmanuel Macron’s newly unveiled “ecological plan.” Macron emphasized the need to accelerate emission reduction efforts, aiming for a 5% annual reduction between 2022 and 2030.

“This whole strategy will enable us to reduce our dependence on fossil fuels, essentially coal, oil, and gas… from 60% to 40% by 2030,” Macron stated. The plan includes measures such as boosting electric vehicle production, supporting electric car leasing for households with modest incomes, and establishing battery plants.

The plan also addresses industrial emissions, with companies responsible for the dirtiest sites committing to reduce pollution by 45% by 2030. France’s ambitious climate goals reflect its commitment to sustainability and environmental progress.

France’s Bold Climate Agenda Unveiled

President Emmanuel Macron has unveiled France’s “ecological plan” to combat climate change, setting ambitious targets to reduce greenhouse gas emissions by 55% and eliminate the use of fossil fuels by 2030.

“This whole strategy will enable us to reduce our dependence on fossil fuels, essentially coal, oil, and gas… from 60% to 40% by 2030,” Macron emphasized. The plan includes measures like accelerating electric car production, supporting electric vehicle leasing for households with modest incomes, and investing in battery manufacturing.

It also addresses industrial emissions, with companies responsible for the most polluting sites committing to a 45% reduction by 2030. Macron’s commitment to reducing fossil fuel dependency aligns with France’s dedication to sustainability and climate action.

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