Given the urgent need to combat climate change and put an end to the exploitation of fossil fuels, it would appear renewable energies have a bright future. Having grown steadily for several years, they accounted for 19.1% of gross final energy consumption in France in 2020. Across the Channel, 43% of the energy consumed in oot twhe UK now comes from renewable sources such as wind, solar and hydroelectric power.
That said, it is essential we step up green investment even more if we are to sustain low-carbon economic growth. According to the International Energy Agency, more than $2 trillion in annual investment in clean electricity will be needed by 2030 to achieve carbon neutrality. The war in Ukraine has also highlighted the risks posed by states’ dependence on imported hydrocarbons, making the energy transition not only an economic and ecological imperative, but a political one.
