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France: Four ministers fail to push through a second carbon market

Four ministers urged the Élysée in May 2025 to create a second carbon market.

Published 7sem1 sourceNotable
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The fact

Their letter, revealed by Politico, aimed to fund decarbonization through new revenues.

Macron and Bayrou ultimately rejected the proposal, blocking the project.

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Why it matters

Ce rejet illustre les tensions au sein du gouvernement sur les outils économiques de la transition écologique, alors que la France peine à dégager des financements pour ses objectifs climatiques. La décision bloque une source potentielle de recettes pour la décarbonation, un enjeu clé pour les prochaines années.

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