France aims to lead green energy, small reactors in 30-billion-euro innovation plan

ছবি Reuters File Photo: French President Emmanuel Macron speaks at a ceremony marking the 40th anniversary of the abolition of the death penalty in France at the Pantheon in Paris on October 9, 2021. EPA-EFE / Ian Langson / Pool Reuters

PARIS (Reuters) – France wants to be a leader in green hydrogen by 2030 and build new, smaller nuclear reactors as part of a billion-billion-euro (৫ 5 billion) investment plan aimed at encouraging industry champions and innovators, President Emmanuel Macron said on Tuesday. .

Speaking six months before the presidential election, Macron said the road map, dubbed “France 2030”, would ensure that the country would extensively decarbonize its industry and bring innovation and production to key areas close to home, ranging from cars and biomedicine.

Setting some of the goals of the plan, Macron said France would build a low-carbon plane, a small modular reactor and two mega-factories to produce green hydrogen by 2030. It will also build a large number of electric vehicles.

“We must fight innovation and industrialization at the same time,” Macron told a group of entrepreneurs. “We need a country that produces more.”

Macron said the plan would give well-established giants, as well as small, agile start-ups a key role in shaping France’s industrial future.

Pointing to the lack of masks when the Covid-1 pandemic epidemic first broke out, Macron said the crisis showed on the one hand, a real weakness for all, and on the other, how important innovation and industrial production near home.

“We must rebuild the structure of productive independence in France and Europe,” he said. “The winner takes it all,” he added.

Other objectives for 2030 include investing in semiconductors and promoting innovation in the French health sector, including biomedicine.

Billion billion euros came in addition to the 100 billion euro recovery plan announced last year to help France weather the coronavirus epidemic, a large part of which went to the promotion of green energy policy.

Opponents of the broader plan were quick to criticize, with opponents saying it was an election campaign.

“A few months after the end of his mandate, the outgoing president promised French money to restore his electoral image, which would only bind his successor,” far-right leader Marine Le Pen said on Twitter (NYSE :).

About Macron, he said, “Whatever it costs, I want to be re-elected!”

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