Thursday, July 31, 2014


France Spurs Efficiency, Renewables with $13.4 Billion Energy Plan (Renewable Energy World)

Aims for 32% of energy from renewables by 2030

France’s planned energy law will mobilize about €10 billion (US $13.4 billion) in investment through tax credits and low-interest loans to spur efficiency and renewable power, Environment Minister Segolene Royal said.

The law seeks to boost growth and jobs, and reduce bills through energy savings, she said. Measures include tax breaks and zero-interest loans for renovations to insulate homes.

Other goals in the law include cutting emissions 75 percent by 2050 and getting 32 percent of energy from clean sources such as wind, solar and geothermal by 2030, up from about 14 percent in 2012.

Read More......