Global leader reveals plan to go against US with massive investment in industrial upgrades: 'A clear competitive advantage'
Though the Trump administration seems determined to roll back as many environmental regulations as humanly possible and generally antagonize any efforts to properly prepare for the effects of global warming, all hope is not lost on saving what's left of our green planet. In the United States' stead, other major countries are stepping up.
One of these nations picking up the slack is France. According to Energynews, the country's Ministry for the Economy and the Ministry for Industry jointly announced plans to spend €400 million ($450 million) on "new industrial projects targeting the reduction of greenhouse gas emissions." This investment in decarbonization comes as part of the France 2030 investment plan, designed to bolster the country's industrial strength worldwide while also meeting green energy goals.
It's encouraging to see a nation as powerful as France continuing to react to and plan for the future as it pertains to global warming, because no matter what certain world leaders want to believe, these climate changes aren't just coming down the line — they're here right now.
And because private companies have been anticipating this for a long time, many of the necessary technologies involved in processes like decarbonization are now not only ready for widespread adoption, but they're fairly cheap relative to their former costs. They'll also create thousands of jobs and significantly buoy the economy. Simply put, going green is a massive moral and financial win at this point, and there is no legitimate reason to avoid its clear benefits.
French officials seem very aware of the magnitude of the commitment here, both for their nation's economy and for the health of our global environment.
"The decarbonization of our industry constitutes a clear competitive advantage," noted Eric Lombard, the Minister of the Economy, Finance and Industrial and Digital Sovereignty, per Energynews.
Marc Ferracci, the country's Minister for Industry and Energy, was even more optimistic. He simply stated, per Energynews, that, among other things, "this transformation represents a genuine industrial revolution."
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