
As the war in the Middle East drives up prices of petrol and gas, France wants to use additional tax revenue generated to fund the country’s move away from fossil fuels – but some analysts say any extra returns are offset by rising costs and inflation.
Prime Minister Sébastien Lecornu on Wednesday instructed the government to look into using "surplus" tax revenues generated by rising fuel prices to fund measures to reduce the country's dependence on imported oil and gas, his office told news agency AFP.