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French Presidential Hopeful Le Pen Threatens Renewable Subsidies

Oct. 14, 2021, 11:23 AM

French Nationalist candidate Marine Le Pen said she would scrap subsidies for wind and solar power to reduce household energy bills if she wins next April’s presidential election.

The anti-immigration politician, who’s been slipping in some opinion polls to third place in the presidential race, is increasing her rhetoric against renewables as European governments introduce emergency tax cuts and other measures to limit the impact of soaring energy prices.

Renewable power subsidies are forecast to total 5.1 billion euros ($5.9 billion) in mainland France next year, including almost 3 billion euros for solar and 1.3 billion euros for onshore wind, ...

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