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Sarkozy Invests

Posted in France,Nuclear,Renewables by Cheryl Morgan on the June 28th, 2011

The weirdly political nature of energy industry news coverage was made clear again yesterday in reaction to a speech by President Sarkozy of France. That the French are investing €1bn in nuclear power should come as no surprise to anyone who has followed their energy policy over the years. M. Sarkozy is quoted by The Guardian as saying, “There is no alternative to nuclear energy today.”

Except that there obviously is, because in the same speech M. Sarkozy announced a €1.3bn investment in renewables. Somewhere, I am sure, there will someone reporting with horror that the French are spending more money on renewables than on nuclear, but the vast majority of newspapers appear to have concentrated on the nuclear story.

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