-
Kenya's economy faces climate change risks: World Bank
-
Cash handouts, fare hikes as Philippines battles soaring fuel costs
-
Indonesia weighs response to price pressures from Middle East war
-
In Hollywood, AI's no match for creativity, say top executives
-
Nvidia chief expects revenue of $1 trillion through 2027
-
Nvidia making AI module for outer space
-
Migrant workers bear brunt of Iran attacks in Gulf
-
Trump vows to 'take' Cuba as island reels from oil embargo
-
Equities rise on oil easing, with focus on Iran war and central banks
-
Nvidia rides 'claw' craze with AI agent platform
-
Damaged Russian tanker has 700 tonnes of fuel on board: Moscow
-
Talks towards international panel to tackle 'inequality emergency' begin at UN
-
EU talks energy as oil price soars
-
Swiss government rejects proposal to limit immigration
-
Ingredients of life discovered in Ryugu asteroid samples
-
Why Iranian drones are hard to stop
-
France threatens to block funds for India over climate inaction
-
"So proud": Irish hometown hails Oscar winner Jessie Buckley
-
European bank battle heats up as UniCredit swoops for Commerzbank
-
Italian bank UniCredit makes bid for Germany's Commerzbank
-
AI to drive growth despite geopolitics, Taiwan's Foxconn says
-
Filipinas seek abortions online in largely Catholic nation
-
'One Battle After Another' wins best picture Oscar
-
South Koreans bask in Oscars triumph for 'KPop Demon Hunters'
-
'One Battle After Another' dominates Oscars
-
Norway's Oscar winner 'Sentimental Value': a failing father seeks redemption
-
Indonesia firms in palm oil fraud probe supplied fuel majors
-
Milan-Cortina Paralympics end as a 'beacon of unity'
-
It's 'Sinners' vs 'One Battle' as Oscars day arrives
-
Oscars night: latest developments
-
US Fed expected to hold rates steady as Iran war roils outlook
-
It's 'Sinners' v 'One Battle' as Oscars day arrives
-
US mayors push back against data center boom as AI backlash grows
-
Who covers AI business blunders? Some insurers cautiously step up
-
Election campaign deepens Congo's generational divide
-
Courchevel super-G cancelled due to snow and fog
-
Middle East turmoil revives Norway push for Arctic drilling
-
Iran, US threaten attacks on oil facilities
-
Oscars: the 10 nominees for best picture
-
Spielberg defends ballet, opera after Chalamet snub
-
Kharg Island bombed, Trump says US to escort ships through Hormuz soon
-
Jurors mull evidence in social media addiction trial
-
UK govt warns petrol retailers against 'unfair practices' during Iran war
-
Mideast war cuts Hormuz strait transit to 77 ships: maritime data firm
-
How will US oil sanctions waiver help Russia?
-
Oil stays above $100, stocks slide tracking Mideast war
-
How Iranians are communicating through internet blackout
-
Global shipping industry caught in storm of war
-
Why is the dollar profiting from Middle East war?
-
Oil dips under $100, stocks back in green tracking Mideast war
France drops renewables targets in new energy bill
Critics are deriding as a step backward a new French energy bill that favours the further development of nuclear power and avoids setting targets for solar and wind power and other renewables.
France, like other EU countries, aims to achieve carbon neutrality in 2050.
The proposed text, which is slated to go before the cabinet early next month and then be submitted to lawmakers, reaffirms France's commitment to nuclear power to ensure "energy sovereignty".
The country became a leader in nuclear power generation after the 1973 oil crisis, building over 50 such power plants that produced around two-thirds of the country's electricity.
But those reactors are ageing and France has yet to bring the first of a new generation of nuclear power plants online.
The proposed text affirms "the sustainable choice of using nuclear energy as a competitive and carbon-free" source of electricity, and targets the construction of at least six but as many as 14 new reactors to pull off the transition to clean energy and meet climate change goals.
But the proposed text sets no such targets for building renewable capacity, in particular wind and solar, whereas previous energy laws did.
The Ministry of Energy Transition said "it is false to say that there is no renewables objective" as the government will set the targets itself later.
But that pledge does not satisfy activists and experts.
"It’s a terrible step back," said Arnaud Gosse, a lawyer specialising in environmental law.
He recalled that in a 2019 law, parliament stated the desire to debate the share of different energy sources in overall production.
- 'Tending' instead of targets -
"If you only quantify nuclear power, you do not know the share of non-renewable energies. As a result, nuclear gets prioritised and, depending on remaining coverage needs, non-renewables will be the subject of floating (future) decrees. It's no longer a mix," Gosse said.
To reach its stated ambition of carbon neutrality by 2050 France will have to massively ramp up the production and share of renewables, studies have repeatedly shown.
After years of prevarication, France last year voted through two bills designed to speed up progress on nuclear as well as renewables.
In November, the government put forward initial figures proposing a doubling to 18 GW of offshore wind power in 2035 as well as setting out the annual rate of deployment of solar panels needed to hit 75 GW in 2035, while also aiming for a doubling of onshore wind power capacity to 40 GW in 2035.
Jules Nyssen, president of France's Renewable Energies Union, declared himself "stunned" after discovering that renewables targets did not appear in the draft.
The text promises to make efforts rather than set objectives and uses formulations such as "tending towards a reduction".
For Anne Bringault, energy transition manager of the Climate Action Network, "this is an extremely significant step backwards, and totally inconsistent with European objectives.
"Even if the objectives are raised, we no longer have such a strong commitment to them," she said.
The draft law also drops targets for reducing energy consumption via renovation of buildings.
P.Gonzales--CPN