BRUSSELS, Oct 21 (AFP): France is pulling out of a 1994 treaty that had the effect of protecting investment in fossil fuels when Europe is retooling towards a greener future, President Emmanuel Macron announced Friday.
"France has decided to withdraw from the Energy Charter Treaty," he told a news conference in Brussels after an EU summit, two days after the Netherlands made a similar announcement.
The move was done to be more "coherent" with the Paris climate accord to combat global warming by relying more heavily on renewable energy sources.
France exits fossil fuel treaty to boost renewables drive
FE Team | Published: October 21, 2022 22:09:33
France exits fossil fuel treaty to boost renewables drive
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