EDF needed to catch up, therefore. "We cannot increase directly investment in France as we are doing if we don't also increase sales revenues."
Q2: Why does EdF need to raise prices? A: Need cash to increase investment.
Q3: Why not just loan money at sovereign rates instead of raising prices, given that last time that was done EdF became the biggest company in Europe with prices 30-40 % lower than their competitors? A: <head explodes> Peak oil is not an energy crisis. It is a liquid fuel crisis.
- Jake If you only spend 20 minutes of the rest of your life on economics, go spend them here.
