Climate: Borne will release a green fund of 1.5 billion euros for communities

Europe 1 with AFP 7:57 p.m., August 27, 2022

Elisabeth Borne announced on Saturday the release of a "green fund" endowed with 1.5 billion euros intended for local authorities to help them fight against climate change, in an interview with

.

“We are going to set up a green fund endowed with 1.5 billion euros for communities to help them in accelerating their ecological transition,” said the Prime Minister.

Elisabeth Borne suggests using this fund for "the rehabilitation of wasteland to limit urban sprawl", to renovate "energetically public buildings such as certain schools", to bring "nature back to cities" or even to install "car parks relay" at their input.

Terminal not closed to the taxation of superprofits

Elisabeth Borne indicated that she would not "close the door" to taxation of the "superprofits" of companies, while preferring that the company which can "lower prices for the consumer and give purchasing power to its employees".

"No one would understand that companies are making exceptional profits even though the French may be worried about their purchasing power," assured Elisabeth Borne in her first interview since the summer break. 

"I'm not closing the door to tax superprofits," added the Prime Minister, who is to speak Monday before the Medef, at a time when prices are soaring all over the world due in particular to the war in Ukraine.

Energy prices "will not explode"

Elisabeth Borne promised on Saturday that the executive would "not let energy prices explode", and would cushion "the increases" as prices exploded on the wholesale markets.

“We will keep measures to cushion energy price increases. And we will take specific measures to support the most vulnerable,” assured the Prime Minister.