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AB 2000 studies

Alain Boublil Blog

   

France

The France foreign trade deficit and the Alstom story

At the moment when we learnt that EDF and General Electric had started discussions about the buy-out of the production and the maintenance of the turbines equipping the nuclear power plants, which had been bought to Alstom six years earlier, was announced that the France trade deficit had reached a record with 84.7 billion euro. But no connection was made between the news. Yet the connection exists and it is essential. 2021 has been affected by a strong increase of the energy bill since the second half of the year, as a consequence of the geopolitical tensions which had ...

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The right energy transition

Climate warming is, for the first time, one of the major issues in the French presidential elections. Each candidate pledges his credibility on the answers he proposes but these ones are frequently hazy and even sometimes in contradiction with the other proposals inscribed in their programs. To announce ambitious objectives about the reduction of greenhouse emissions is not enough. The achievement of these objectives must be credible and square with the challenges with which the world is confronted. To bring convincing answers, it is necessary to take into account three realities.

First, climate warming is a global phenomenon. It is ...

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The true causes of the French trade deficit

In November the French trade deficit reached 9.7 billion euro. During the last three months, it amounts at 24.5 billion. Such levels were never reached in the past. On an annual basis, the deficit had fluctuated from 2012 to 2020 between 43.5 and 69 billion. In 2021, it would go beyond 80 billion. These figures are all the more worrying that the recovering of balanced trade exchanges trade balance and the rebound of enterprises competitiveness were, for ten years, among the main priorities of the successive governments. So adopted policies have failed and no lesson seems to ...

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