France Prepares Green Industry Bill Echoing US Climate Law
- Finance Ministry will present new tax, regulatory measures
- New era in globalization is opportunity for France: Le Maire
Bruno Le Maire, France's finance minister, second right.
Photographer: Nathan Laine/BloombergThis article is for subscribers only.
French Finance Minister Bruno Le Maire said he will present a “green industry” bill soon as Europe seeks to stop businesses being lured across the Atlantic by billions of dollars of subsidies under the US’s climate law.
The new legislation in France would make changes to taxation and regulation to accelerate the creation of low-carbon production, Le Maire said on France Inter radio on Wednesday.