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The act sets targets to increase the share of renewable energy sources to over 30% of final energy consumption in 2030 and bring down the share of nuclear power in electricity generation to 50% by 2025.
The Government led Parliament to pass a “climate energy contribution” on greenhouse gas emissions built into the taxes on petroleum products on a pathway, already adopted by Parliament, set to rise from €56 per tonne of CO2 in 2020 to €100 per tonne of CO2 in 2030. It will propose that Parliament introduce a price floor on carbon of some €30 per tonne in the power generation sector in 2017.
In June 2016, France was one of the first industrialised countries to complete its domestic process to ratify the Paris Agreement and is working with its European partners for the EU in its entirety to ratify it as soon as possible. As a contribution to rapidly increase collective ambition, France committed to upgrade its mitigation target by 2020.
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