France 2030: The Road to Global Leadership in CO2 Storage, Capture, and Transformation Technologies

2023-12-10 11:46:47

For the second part of his massive investment plan, the Head of State intends to launch a call for projects on the storage, capture and transformation of CO2 in order to make France one of the leaders in this market.

A few days before the end of the COP28 organized in Dubai and marked by the inflexibility of OPEC on the reduction in the use of fossil fuels, Emmanuel Macron is refocusing on France and its green industry. It is near Toulouse, to the headquarters of the emblematic industrial company Airbus, that the Head of State will go this Monday, December 11 to unveil the second part of France 2030.

The massive investment plan of 54 billion euros presented in October 2021, at the end of his previous mandate, aims at several objectives: “catching up with French industrial delay”, “investing massively in innovative technologies”, and “supporting the ecological transition. But, as reported The Tribune this Sunday, December 10, the rest of the climate plan presented this Monday will focus on an innovative activity supposed to contribute to the reduction of greenhouse gas emissions: the storage, capture and transformation of CO2.

An envelope of 28 billion euros

A sector in which Emmanuel Macron intends to invest a significant part of the remaining 28 billion from France 2030, to make France one of the world leaders in the field. In addition to presenting new industrial challenges for France, it will therefore launch a call for projects for the development of this activity.

Last September, the International Energy Agency (IEA) warned of a delay in climate ambitions which would push the world to massively resort to CO2 capture technologies. Innovations that she considered “expensive” and not yet tested on a large scale.

More generally, the executive will set new decarbonization objectives, such as reducing emissions linked to industry by 10% by 2030, we can read in the columns of the Tribune.

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High-performance processors for AI

According to The echoes, Emmanuel Macron should also focus part of his plan on Artificial Intelligence processors. To date, processors with sufficient availability to run an AI are exclusively manufactured by the American Nvidia, as the daily points out.

Monday’s meeting will also be an opportunity to take stock, two years after the launch of the industrial investment plan.

France 2030 focuses on ten objectives, in the areas of transport (production of electric cars, carbon-free aircraft), energy (support for the installation of electrolysers, essential for producing carbon-free hydrogen, development of small nuclear reactors modular), space, agriculture, electronic components or health (creation of biomedicines).

The first envelope of 21 billion euros has so far benefited 3,000 projects carried out by 3,500 companies, half of them SMEs, and research centers. The plan has already made it possible to secure the production in France of one million electric cars out of the two million targeted by France 2030, to develop eight biomedicines out of the 20 ambitioned in the plan, or even to bring about 12 small space rocket projects. .

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