.jpg)
4 hours ago
1
Article content
(Bloomberg) — France plans to publish a long-awaited decree that should pave the way for new nuclear power plants and set fresh renewables targets by the end of the summer.
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
SUBSCRIBE TO UNLOCK MORE ARTICLES
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
REGISTER / SIGN IN TO UNLOCK MORE ARTICLES
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account.
- Share your thoughts and join the conversation in the comments.
- Enjoy additional articles per month.
- Get email updates from your favourite authors.
THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account
- Share your thoughts and join the conversation in the comments
- Enjoy additional articles per month
- Get email updates from your favourite authors
Sign In or Create an Account
or
Article content
Article content
The energy road map has been pushed back for more than a year amid political bickering between proponents of nuclear and renewables. That’s cast doubt on the country’s plans to slash carbon emissions and cut reliance on imported fossil fuels, and left some energy investments in limbo.
Article content
Article content
To break the deadlock, a working group led by two lawmakers will hold fresh hearings by the end of May, Prime Minister Francois Bayrou said Monday at the National Assembly. Their conclusions will “allow the government to propose an improved and amended version of our future multiyear energy plan,” he said.
Article content
By signing up you consent to receive the above newsletter from Postmedia Network Inc.
Article content
President Emmanuel Macron wants to build at least six new reactors — alongside swaths of renewables — in an effort to ensure long-term energy security as France’s existing atomic fleet ages. Nuclear power is also key to the nation’s ambition to be carbon-neutral by midcentury.
Article content
Bayrou also reiterated his support for geothermal and other clean energy. He said ground-mounted solar is cheap but requires a lot of land, and called for “measured” development of onshore and floating wind. Biofuels and hydrogen will be considered for industries where they’re the only alternatives to fossil fuels, he said.
Article content
The new decree will also need to take account of a separate energy bill, due for debate in the Lower House in June. With the government lacking an outright majority in parliament, that bill isn’t guaranteed to pass.
Article content
Advertisement 1
English (US)