Emmanuel Macron has missed the opportunity to set out a motivating narrative

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    Lisa Love
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    Jean Pisani-Ferry: ‘Emmanuel Macron has missed the opportunity to set out a motivating narrative’ on the matter of environmental planning

    Planification is closely linked to scarcity. In an economy damaged by war, it was the scarcity of productive resources that led to the introduction [by De Gaulle] of the Plan, and it was the return to abundance that gradually led to its abandonment. Today, it is the scarcity of natural resources – climate, biodiversity, water – that is driving the revival of the planning approach. We have entered a new economy of scarcity.

    Economists have long believed that the answer to the climate challenge lies in carbon tariffs alone. And it’s true that this would guarantee economic efficiency. But political feasibility aside, carbon taxation is not enough to guide the collective effort. Programming a tougher ban on rentals of thermally inefficient housing or banning the marketing of combustion-powered vehicles from 2035, sends a clearer signal about the scale of the transformation needed than announcing a future price trajectory.

    Little by little, the contours of environmental planning are taking shape. Thus, sector by sector, precise targets have been set for reducing greenhouse gas emissions by 2030, in line with the target of climate neutrality by 2050. For example, we now know that the government intends to reduce the proportion of primary residences heated with fuel oil from 11% in 2021 to 3.6% in 2030, that it also aims to increase car-sharing tenfold, and that it intends to reverse the decline in the modal share of rail freight from 10% today to 18% in 2030.

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    • This topic was modified 1 year, 6 months ago by  Lisa Love.
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