Emmanuel Macron announces an investment of 30,000 million euros to remustrate France

The French President Emmanuel Macron has announced an investment of 30,000 million euros (almost 35,000 million dollars) to remustrate France through the ecolog

Emmanuel Macron announces an investment of 30,000 million euros to remustrate France

The French President Emmanuel Macron has announced an investment of 30,000 million euros (almost 35,000 million dollars) to remustrate France through the ecological and digital transition, which also passes by developing small nuclear reactors.

"The strategy for 2030 must lead us to invest 30,000 million euros to respond" to what can be considered "a kind of French growth deficit," said Macron, by presenting his France 2030 plan to six months of the April presidential election.

When he deranged his plan, following the priorities of the European Union (EU) to pass the page of the economic crisis caused by the Coronavirus, the president lamented that France "on occasions" has made decisions "15 or 20 years after [his] European neighbors ".

"We must increase the capacity of the French economy to grow through innovation", especially to "finance our social model," Macron added, in a speech against entrepreneurs and students at the Elysee Palace with aires of precamient electoral.

One of the main measures will be the investment of 1,000 million euros in small nuclear reactors, an energy widely used in France that does not generate greenhouse gases, but that its use to combat climate change divides countries and experts.

EU countries committed to achieving carbon neutrality for 2050 and, in this sense, the French-headed manager wants France to become "Green Hydrogen Leader" by 2030, which allows "unbalanced industry".

Another objective is "to produce for 2030 almost 2 million electric and hybrid vehicles," said Macron, for whom this objective is achievable if there is "a real cooperation strategy, especially between the world's" French manufacturers.

Agriculture is also affected by this innovation and decarbonization plan, with 2,000 million investments, especially in the robotic sector. France must "invest in three revolutions (...): digital, robotics and genetics," he added.

Since its arrival in power in 2017, Emmanuel Macron has always defended greater European autonomy at the industrial level, against rivals such as China, advocating even by measures to protect existing knowledge and to promote innovation.

Updated Date: 15 October 2021, 05:07

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