If the Socialist Party wins next year's elections in France, an electoral pact with other...


If the Socialist Party wins next year's elections in France, an electoral pact with other parties could give enough support to a movement to phase out nuclear power in the nation to put it over the top. Under a plan swirling around between parties, 24 out of France's 58 nuclear reactors would be closed by 2025. Shares of Electricite de France (ECIFF.PK) -6% in Paris trading.
Comments (3)
  • davidingeorgia
    , contributor
    Comments (2661) | Send Message
     
    Hmmmm...are the French that stupid? Well yes, I believe that might just be. Bring on the unicorn and faerie dust powered electric generators! Woohooo! Burning cow chips in cave coming soon to a formerly modern nation near you!
    16 Nov 2011, 07:43 AM Reply Like
  • Neil459
    , contributor
    Comments (2636) | Send Message
     
    Once they vote out Nuclear, then its just a matter of time before Russian gas takes over. Then good luck protesting against Russian gas.
    16 Nov 2011, 08:55 AM Reply Like
  • Humble Value Miner
    , contributor
    Comments (485) | Send Message
     
    Germany has already decided to phase out nuclear and they are not equipped to generate enough power, so they will have to rely on French nuclear energy importing for years. I can not imagine France to waste this advantage and additionally to give out its (relative) energy independence. There was no pressure for doing this even the days of Fukushima and that's all said. I guess somebody wants to purchase EDF shares even more cheap...
    16 Nov 2011, 05:49 PM Reply Like
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