France to adopt energy-saving measures in the wake of global fuel supply crisis

2 min read

French government spokesman Maud Bregeon emphasised that the State must “set an example” and that each minister should “consider sectoral measures that would be relevant without being overly restrictive.”

Is he beginning to prepare people for a scenario that might worsen? Maud Bregeon, a government spokesman, stated on Wednesday that the administration is prepared to implement energy-saving measures in the case of fuel supply issues. However, she did not define the specific steps.

If these supply issues, no matter how slight, happen, we must be prepared to implement a variety of steps that allow us to preserve energy, particularly gasoline,” she stated during a cabinet meeting.

Maud Bregeon emphasised that the state must “set an example” and that each minister must “consider sectoral measures that would be relevant without being overly restrictive”.

According to Maud Bregeon, the government’s tax collection from higher gasoline prices “does not amount to billions” of euros, implying that “there is no windfall.”

Laurent Wauquiez, head of the Les Républicains parliamentary group, had claimed that he put this surplus at “between two and three billion” euros since the start of the crisis, expecting that it would be “returned to motorists in the form of tax cuts.”

“The increase in VAT revenue resulting from the increase in the price at the pump is negatively offset, therefore downwards, by the decrease in consumption, by the decrease in growth and by the increase in interest rates,” Maud Bregeon estimated during the report of a government meeting, while refusing to “give precise figures”.

“When we talk about billions of euros today, it’s mainly billions of euros less for the state budget,” said Minister of Public Accounts David Amiel, citing “the several billion euros that the rise in interest rates alone will cost us.”

Source: 20minutes

You May Also Like