France to Tax EDF Nuclear Output for Energy Shift to Renewables

Lock
This article is for subscribers only.

France will introduce a levy on nuclear energy as well as a tax on carbon emissions from fossil fuels to raise billions needed to boost renewable power and improve energy efficiency.

“All change is expensive in the short term even if it’s beneficial in the long term,” French Prime Minister Jean-Marc Ayrault said today in a speech about the environment in Paris.