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Is France Losing Its Energy Advantage?

Changes to France’s nuclear program could negatively impact its economic competitiveness.

Interesting to note that France's energy costs are reportedly 35% cheaper than the rest of Europe due to their nuclear program.  That should translate to some economic advantage but does it?  The labor unions in France are really demanding and powerful.  Without the energy advantage France may not be competitive at all.  Shutting down the nuclear program (or reducing it significantly) as the new president has vowed would seem to usher in a downturn in the country's competitive posture and economic fortune. 

 

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