06 May '12, 6pm

Monsieur Hollande's Opus: Sustainable Finance and a Socialist France

Monsieur Hollande's Opus: Sustainable Finance and a Socialist France

A Socialist will be moving into the Élysée Palace. What does that mean for sustainable finance? In defeating Nicholas Sarkozy in the French presidential election, Francois Hollande has become the first left-wing president since Francois Mitterrand left office in 1995. Proponents of sustainable finance should be saying, "Très bien!" Hollande has made some commitments that have pleased the Green Party members as well as the renewable energy sector. For one, he promised that, if elected, he would "preserve the independence of France by diversifying our sources of energy," including "a reduction in the share of nuclear in the production of electricity from 75% to 50% by 2025" and an "increase in the power of renewable energies." He also said that France would "respect its international engagements to reduce greenhouse gas emissions."[1] Pas mal! PAS DE NUKES, PLUS DE RENEWABLE...

Full article: http://www.justmeans.com/Monsieur-Hollande-s-Opus-Sustain...

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