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European climate plan: the most modest "will not pay" for the ecological transition, says Bruno Le Maire

2021-07-21T17:53:37.124Z

The Minister of the Economy supports the Climate Plan presented by the European Commission but sets conditions.



Modest households "

will not pay the cost of the ecological transition

", assured the French Minister of the Economy Bruno Le Maire on Wednesday, a few days after the presentation by Brussels of its vast climate plan.

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"

We will not make modest households pay the cost of the ecological transition

", declared Bruno Le Maire, recalling the French experience of the wave of protest against "

yellow vests

", during a joint press briefing with his counterpart. German Peter Altmaier in Paris.

Two alerts

Asked about the negotiations that will open in Brussels, Bruno Le Maire said "

support the ambition

" of the European Commission in terms of climate protection.

"

But we are putting two very clear alerts

," he added.

The first concerns the most modest categories, which risk being affected, according to the minister, by the enlargement of the European carbon market (the ETS, the EU emissions trading system, or ETS according to the acronym) to road transport and heating of buildings.

On the other hand, the Minister maintained that it was necessary to support "

the industrial sectors which are most affected by this acceleration of the transition

", via "

a transition fund, on which we are ready to work with the European Commission

" .

Read also: The question of financing pensions remains unresolved

On July 14, the European Commission presented its roadmap, a series of energy proposals aimed at achieving the target of reducing the EU's greenhouse gas emissions by 55% by 2030 compared to to 1990.

Source: lefigaro

All business articles on 2021-07-21

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