France Plans €10 Billion Push To Cut Reliance On Gas and Oil

France Plans €10 Billion Push To Cut Reliance On Gas and Oil

France Plans €10 Billion Push To Cut Reliance On Gas and Oil France is shifting its response to rising fuel costs away from short-term relief and toward long-term electrification, according to Prime Minister Sébastien Lecornu. Instead of expanding fuel subsidies after oil prices spiked due to the Iran conflict, the government plans to redirect funding into helping households and businesses transition to electric energy, according to Bloomberg. Under the plan, annual support for ele...

Original Source

Read the full article at Zerohedge →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.