Economy and Finance Minister Bruno Le Maire said on Thursday he wanted to make France “the first green industrial nation” in Europe, through a future bill that would speed up the creation of new industries and encourage decarbonisation.
“With the President of the Republic, with the Prime Minister, we will involve France in a rapid, massive and planned green reindustrialization. With one goal: that France becomes the first nation of green industry in Europe,” he added. . The challenge “is industrial relocation,” she remarked. This strategy will go through the presentation this year of a bill on green industry, which will aim, in particular, “to speed up the authorization process for new industrial sites,” the minister developed. The text must be presented in June, according to Bercy.
“More attractive” tax environment
“There is no reason why we in France take two years to develop an industrial site, sometimes three, while other major nations manage to do it in a few months.” It is also about promoting national public procurement, financing industrial innovation, creating “true green savings tools” and a “more attractive” tax environment for green industry, according to the Bercy tenant.
The success of this strategy also depends on France’s energy independence, he said. Finally, he advocated for a European response to the “Inflation Reduction Act” implemented by the United States. This American law grants generous subsidies to certain strategic industrial sectors but is accused by the Europeans of distorting competition.
Source: BFM TV
