popular articles

France: Macron proposes a decarbonization pact to industry

Emmanuel Macron proposed on Tuesday a decarbonization pact to the most CO2-emitting industrialists in France.

Please share:

Emmanuel Macron proposed on Tuesday a decarbonization pact to the most CO2-emitting industrialists in France with a doubling of public aid to 10 billion euros in exchange for a
double their effort in this area.

“If projects and sites are identified within 18 months, if you double your efforts, if we manage to move from 10 million tons of CO2 avoided to 20 million instructed, we will double the means devoted to this issue and increase the envelope from 5 to 10 billion euros of support, “said the head of state to the industrialists gathered at the Elysee.

To achieve this effort, the head of state, just back from the world climate conference (COP27) in Sharm el-Sheikh, Egypt, also announced that the government would develop a precise planning in six months and in the years to come, “sector by sector”.

Cement, aluminum, steel, fertilizer, sugar or fuel: the heads of the fifty French industrial sites that emit the most CO2, including the CEO of TotalEnergies Patrick Pouyanné, were received in the Elysée’s reception room.

These 50 sites alone represent 30,000 jobs and half of the industry’s emissions, or 10% of the country’s emissions. “The goal is to halve the greenhouse gas emissions of these sites in ten years, thus removing 5% of French emissions,” explains the Elysée.

These include the steel plants of Arcelor Mittal in Dunkirk or Fos-sur-Mer, the cement plants of Vicat, Lafarge or Calcia, chemical plants in the Grand Est, the Etang de Berre or Normandy, and the fertilizer manufacturers Yara or Borealis, the Arcques glassworks, the ExxonMobil and TotalEnergies refineries in Normandy, Air Liquide in the PACA region, and the sugar production sites of Tereos and Cristal Union in northern France.

Emmanuel Macron has insisted on his desire to accelerate the fight against climate change, after a first five-year term considered too timid in this area by environmental specialists. But also to reindustrialize. “Decarbonation is one of the elements that should allow us to
continue to create industrial jobs,” he said.

Not friendly

The head of state especially pointed to the exacerbated competition from economic powers such as the United States, which promise massive public subsidies for decarbonization, with a risk of deindustrialization if Europeans do not follow.

“The United States is a producer of cheap gas that they sell at a high price, and in addition they have taken massive aid measures in certain sectors,” he said.

“This is not in line with WTO rules and it is not friendly,” he insisted, promising to put the issue on the table during his state visit in early December in Washington.

Addressing industrialists, he asked that “ecological transition contracts” be signed to set in stone the promised efforts, site by site, and sector by sector, under the aegis of the Minister of Industry.

“We will put online the map of France of the 50 sites” most emitting CO2 to monitor progress, he promised in front of a giant map of France showing the emissions, where stand out the north of France with 12 million tons of CO2 emitted, followed by the basin of Marseille-Fos with
a little over 10 million tons of CO2, and the mouth of the Seine in Normandy.

The additional five billion euros announced on Tuesday are in addition to the five billion already provided for in the France Relance plan for the decarbonization of industry. France has also earmarked nine billion euros of investment for the development of hydrogen, which is one of the powerful vectors for decarbonizing industry.

It is necessary “within six months that the government can present a plan to integrate” these amounts “in the work of multi-year programming of energy”, said the president.

The planning will have to be done “by technology”, he said, mentioning hydrogen – which will be used in particular by the steel industry to replace coal -, the development of biomass to replace gas, the electrification of sea and river ports for the transport of goods, or the capture and reuse of CO2.

During various presentations, the industrialists present insisted on having access to a “stable” and “massive” source of electricity, while the technical problems of EDF in its nuclear power plants are still far from being resolved.

Register free of charge for uninterrupted access.

Publicite

Recently published in

The U.S. Department of Energy has suspended seven energy efficiency standards targeting household products. This decision, impacting devices such as gas water heaters, has sparked debates over the economic and environmental consequences of the new rules.
The province of Quebec is investing nearly $7.8 million to support six projects focused on critical and strategic minerals, thus advancing research to strengthen energy independence.
The province of Quebec is investing nearly $7.8 million to support six projects focused on critical and strategic minerals, thus advancing research to strengthen energy independence.
France proposes the creation of a European Decarbonization and Electrification Bank to support industrial companies facing the costs of energy transition. The project, backed by Bercy, aims for long-term financing and will be discussed at upcoming European Council meetings.
France proposes the creation of a European Decarbonization and Electrification Bank to support industrial companies facing the costs of energy transition. The project, backed by Bercy, aims for long-term financing and will be discussed at upcoming European Council meetings.
Paris supports maintaining regulated electricity tariffs for households and very small businesses despite criticism from the Competition Authority. A report sent to Brussels highlights their role in stabilizing the market.
Paris supports maintaining regulated electricity tariffs for households and very small businesses despite criticism from the Competition Authority. A report sent to Brussels highlights their role in stabilizing the market.
A network of anti-competitive agreements and corruption surrounding electrification in Réunion is bringing eight individuals and two companies to trial in May. Practices that distorted public tenders have already led to several convictions and financial penalties.
Europe's energy transition is driving a structural transformation of the electricity grid, exposing the market to new vulnerabilities. A study by Compass Lexecon highlights three strategic levers to ensure supply stability amid geopolitical pressures and market volatility.
Europe's energy transition is driving a structural transformation of the electricity grid, exposing the market to new vulnerabilities. A study by Compass Lexecon highlights three strategic levers to ensure supply stability amid geopolitical pressures and market volatility.
The Gulf Cooperation Council Interconnection Authority (GCCIA) and the Qatar Fund for Development (QDF) have signed a $100 million financing agreement to connect the Gulf power grid with Oman. This strategic project, with a total cost exceeding $700 million, aims to enhance regional energy security and efficiency.
The Gulf Cooperation Council Interconnection Authority (GCCIA) and the Qatar Fund for Development (QDF) have signed a $100 million financing agreement to connect the Gulf power grid with Oman. This strategic project, with a total cost exceeding $700 million, aims to enhance regional energy security and efficiency.
Liberia Electricity Corporation (LEC), in partnership with the European Union and other financial institutions, has launched the Liberia Energy Efficiency and Access Project (LEEAP). With a budget of €107 million, this initiative aims to improve electricity access and energy efficiency in the country.
Liberia Electricity Corporation (LEC), in partnership with the European Union and other financial institutions, has launched the Liberia Energy Efficiency and Access Project (LEEAP). With a budget of €107 million, this initiative aims to improve electricity access and energy efficiency in the country.
Energy Minister Marc Ferracci reaffirmed his opposition to reopening the debate on oil exploration in France. Despite proposals from Overseas Minister Manuel Valls, the government is prioritizing a decarbonization strategy aligned with its international commitments.
Donald Trump has signed a decree creating a National Council for Energy Dominance, aimed at massively increasing electricity production. The goal is to strengthen the United States’ competitiveness in artificial intelligence (AI), a rapidly expanding and energy-intensive sector.
Donald Trump has signed a decree creating a National Council for Energy Dominance, aimed at massively increasing electricity production. The goal is to strengthen the United States’ competitiveness in artificial intelligence (AI), a rapidly expanding and energy-intensive sector.
*Thames Water, a major water supplier in the UK, is facing an environmental investigation over growing concerns regarding its waste management and leaks. This situation raises significant financial stakes for the company.*
*Thames Water, a major water supplier in the UK, is facing an environmental investigation over growing concerns regarding its waste management and leaks. This situation raises significant financial stakes for the company.*
The Medef and thirteen other European employers' organizations launch an initiative to support the nuclear sector in the EU, in response to increasing competitiveness challenges exacerbated by international politics and global economic tensions.
The Medef and thirteen other European employers' organizations launch an initiative to support the nuclear sector in the EU, in response to increasing competitiveness challenges exacerbated by international politics and global economic tensions.
France will invest €100 billion to modernize its power grid by 2035. However, the impact on consumer bills will be limited, according to the network manager RTE.
The Watt For Change Foundation and the French Development Agency are joining forces to support three initiatives aimed at improving access to renewable energy in Benin, Mauritania, and Madagascar. A €860,000 three-year partnership dedicated to assisting local associations.
The Watt For Change Foundation and the French Development Agency are joining forces to support three initiatives aimed at improving access to renewable energy in Benin, Mauritania, and Madagascar. A €860,000 three-year partnership dedicated to assisting local associations.
The Tanzanian government plans to invest $12.9 billion to add 2.4 GW to its power grid by 2030. This funding aims to expand electricity access to 75% of the population, with significant participation from the private sector.
The Tanzanian government plans to invest $12.9 billion to add 2.4 GW to its power grid by 2030. This funding aims to expand electricity access to 75% of the population, with significant participation from the private sector.
A court demands that all funding linked to federal energy and climate laws, previously suspended, be immediately put back into circulation. This decision is based on a federal judgment challenging the legality of a freeze imposed by the American executive.
A court demands that all funding linked to federal energy and climate laws, previously suspended, be immediately put back into circulation. This decision is based on a federal judgment challenging the legality of a freeze imposed by the American executive.
At the World Summit on Artificial Intelligence in Paris, Emmanuel Macron highlighted nuclear energy as a power source for technological infrastructures, countering Donald Trump's plans to massively expand oil drilling in the United States.
Canada will need to build energy infrastructure on an unprecedented scale to meet the federal government's goal of eliminating greenhouse gas emissions from the electricity sector by 2050. A major technical and economic challenge marked by delays and significant costs.
Canada will need to build energy infrastructure on an unprecedented scale to meet the federal government's goal of eliminating greenhouse gas emissions from the electricity sector by 2050. A major technical and economic challenge marked by delays and significant costs.
The majority of countries have not submitted their new climate roadmaps to the UN before the February 10 deadline. This delay raises questions about the priorities of major economies amid geopolitical shifts and economic uncertainty.
The majority of countries have not submitted their new climate roadmaps to the UN before the February 10 deadline. This delay raises questions about the priorities of major economies amid geopolitical shifts and economic uncertainty.
Joseph Saddi is the new Minister of Energy in Lebanon. He inherits a sector weakened by reliance on imports and failing infrastructure, while international partnerships struggle to restart oil and gas exploration.
Joseph Saddi is the new Minister of Energy in Lebanon. He inherits a sector weakened by reliance on imports and failing infrastructure, while international partnerships struggle to restart oil and gas exploration.
The Canadian government allocates $43.5 million to strengthen energy policy related to critical minerals in Quebec. This investment aims to support infrastructure and research, consolidating the country's strategic supply chains.
Electricity consumption in France increased by 0.7% in 2024, reaching 449.2 terawatt-hours, according to RTE. This slight rise marks a turning point after two years of decline but remains well below pre-2020 levels.
Electricity consumption in France increased by 0.7% in 2024, reaching 449.2 terawatt-hours, according to RTE. This slight rise marks a turning point after two years of decline but remains well below pre-2020 levels.
The National Development and Reform Commission (NDRC) has announced a reduction in renewable energy subsidies in China. New projects will now have to sell their electricity at market prices, marking a transition to a more autonomous economic model.
The National Development and Reform Commission (NDRC) has announced a reduction in renewable energy subsidies in China. New projects will now have to sell their electricity at market prices, marking a transition to a more autonomous economic model.
Lithuania, Estonia, and Latvia have finalized their synchronization with the European electricity grid, ending their dependence on Russian infrastructure. This project, funded with €1.6 billion, strengthens the region’s energy security.
Lithuania, Estonia, and Latvia have finalized their synchronization with the European electricity grid, ending their dependence on Russian infrastructure. This project, funded with €1.6 billion, strengthens the region’s energy security.

Advertising