Macron Unveils 30-Billion-Euro Plan for Innovation and Industrial Revival

Macron Unveils 30-Billion-Euro Plan for Innovation and Industrial Revival
French President Emmanuel Macron gestures as he speaks during the presentation of the "France 2030" investment plan at the Elysee Presidential Palace in Paris on Oct. 12, 2021. Ludovic Marin/Pool via Reuters
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PARIS—France wants to be a leader in green hydrogen by 2030, and build low-carbon planes and small nuclear reactors as part of a 30-billion-euro ($35 billion) investment plan, President Emmanuel Macron said on Tuesday.

Macron said the road map, dubbed “France 2030,” would ensure France decarbonizes its industry, and brings innovation and production in key areas, from cars and bio-medicine to semi-conductors, closer to home by the end of the decade.