Welcome to the new version of European Tribune. It's just a new layout, so everything should work as before - please report bugs here.
Of course. And in the same vein, back on this side of the Rhine river: Sakozy's pal Henri Proglio wants to jam yet another electricity rate increase down the French people, all in the name of "subsidizing the renewable energies":

Solar power may cause French electricity price rise | RFI

Renewable energy is a budget burden for France's energy company EDF, and the industry's rapid-fire growth is only adding to the strain.

EDF's mission has long been to support sustainable producers by buying at prices set by the government. But the industry's success has seen costs skyrocket - and the government in turn has cut subsidies.

Les Echos on Tuesday reported that EDF chief Henri Proglio wrote a letter to French Energy Minister Jean-Louis Borloo warning that EDF's 2009 budget gap of 1.6 billion euros stands to increase to 2.6 billion by the end 2010.

He added that this could exceed 15 billion after 2015.

Somebody has to cover the costs of renewable industry development - and the National Assembly's Finance Commission is proposing that private power bills should bear the shortfall.

by Bernard on Thu Oct 14th, 2010 at 11:08:39 AM EST
[ Parent ]

Others have rated this comment as follows:

News and Views

 22 - 28 August 2016

by Bjinse - Aug 22, 37 comments

Your take on today's news media

 15 - 21 August 2016

by Bjinse - Aug 15, 16 comments

Your take on today's news media

 Open Thread 22-28 August

by Bjinse - Aug 21, 19 comments

The greatest thing you’ll ever learn is just to thread

 Open Thread 15-21 August

by Bjinse - Aug 15, 13 comments

I coulda been a thread

Occasional Series
Click for full list