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Bullboard - Stock Discussion Forum EUROPEAN URANIUM RESOURCES LTD V.EUU

"European Uranium Resources Ltd is engaged in the identification, acquisition, exploration and, if warranted, development of mineral resource projects. Its projects are Kuriskova Uranium Deposit and Novoveska Huta uranium deposit."

TSXV:EUU - Post Discussion

EUROPEAN URANIUM RESOURCES LTD > Some good news from France
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Post by GejzaMiazga on Jul 23, 2015 4:25pm

Some good news from France

French MPs vote to halve energy use, slash nuclear dependence


French lawmakers adopted a new law on Wednesday that will halve the country's energy consumption by 2050 and slash its reliance on nuclear energy.

Under the new law approved by the National Assembly, nuclear energy will provide only 50 percent of France's electricity by 2025, down from 75 percent currently.

Six months ahead of the global climate conference in Paris, the legislation also calls for a 30-percent drop in the use of fossil fuels by 2030 (compared with 2012 levels), and 40-percent drop in greenhouse gas emissions, compared with 1990.

Renewable energy will increasingly take up the slack -- accounting for 32 percent of France's energy mix by 2030, compared with 13.7 percent three years ago.

In a bid to meet the tough new targets, parliament must produce "carbon budgets" every five years, setting emission limits for each sector of the economy.

Polluters will also face major hikes in the "carbon tax", first introduced last year, which will go up in stages from 22 euros per tonne of CO2 in 2016 to 100 euros in 2030.

Slashing the use of nuclear energy was a key promise of President Francois Hollande in his 2012 election campaign.

"The extravagant use of nuclear energy is over," said Green MP Denis Baupin. "Now we must organise an orderly transition."

France is the most nuclear-dependent country in the world, and the second-biggest producer of nuclear energy, with 58 reactors in 19 power stations.

"It's a long-awaited change, since no one, including the opposition, at any time denied the need to break the total dependence on nuclear," said Socialist MP Francois Brottes, who headed the parliamentary group reviewing the law.

( full article here: https://en-maktoob.news.yahoo.com/france-law-halve-energy-slash-nuclear-dependence-165420778--finance.html )

Comment by HobbyDigger2 on Jul 25, 2015 5:46pm
thanks for your nice info GEZA, which we all have taken notice about for over some weeks now. by international press about the french intentions. thats a good decision I think, but as we know the knive has two sides - the electricity will be charged by compagnies as you know. And that will result in higher costs for your country and others as well. A lot of people cant pay for electricity just now ...more  
Comment by GejzaMiazga on Jul 27, 2015 4:21pm
HobbyDigger, I'm glad you care so much about the poor people and their electricity price. Wish you cared as much for their health and environment, too, which is no doubt more important :-) Since we both agree that the French MPs have made a wise decision, what about telling EUU managers that it's about time to change their business plan from promoting uranium to promoting renewables?
Comment by HobbyDigger2 on Jul 31, 2015 6:10pm
Well, you may try to get an answer from EUU yourselfe .  I have tried it several times with emails in the past years. When I bought EUU 7-8 years ago at 1,20 ( the company changed names several time ) I never thought such a worse management was on the job. Believe me, I never saw a management like this. I`m already done with this Co. since long. just hoping to get some small money back from ...more  
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