Monday, June 23, 2014

France Launches Financing Plan for Energy Transition

French Ecology, Sustainable Development and Energy Minister Segolene Royal (R) and Finance Minister Michel Sapin speak to the journalists after a conference about the financing of energy transition in Paris June 23, 2014. (Credit: Reuters/Benoit Tessier) Click to enlarge.
France announced on Monday a package of tax breaks and low-cost loans to improve insulation in buildings and boost investment in renewable energy, which is supposed to provide 40 percent of the country's electricity by 2030.

 France Launches Financing Plan for Energy Transition
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