Elisabeth Borne announces a green fund endowed with 1.5 billion euros to support local authorities

by time news

The Prime Minister, Elisabeth Borne, announced on Saturday August 27 the release of a “green fund” endowed with 1.5 billion euros intended for local authorities to help them fight against climate change, in an interview with Parisian.

Elisabeth Borne suggests using this fund to “the rehabilitation of wasteland to limit urban sprawl”to renovate “energy-wise public buildings such as certain schools”to bring back “nature in the cities” or install “relay car parks” upon their entry.

Read also: Article reserved for our subscribers Executive tries to respond to criticism for ‘climate inaction’

Taxation of “super profits” envisaged

The Prime Minister also said that she did not ” close the door “ to a tax on « super profits » companies, while preferring that the company which can “lower prices for the consumer and give purchasing power to its employees”.

“No one would understand that companies are making exceptional profits even though the French may be worried about their purchasing power”added Elisabeth Borne who must speak Monday before the Medef, at a time when prices are soaring all over the world due in particular to the war in Ukraine.

Elisabeth Borne also promised that the executive was not going “not let energy prices explode”and would dampen “rises” while prices exploded on the wholesale markets. “We will keep mechanisms to cushion energy price increases. And we will take specific measures to support the most vulnerable.assured the Prime Minister.

The World with AFP

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