The 6th Most Commented Article of 2012:
by Steve Leone, (former) Associate Editor, RenewableEnergyWorld.com
A natural disaster sparked the re-emergence of Japan as a ripe renewable energy market. Now, a political shakeup could have similar effects 6,000 miles away in France.
That’s the initial indication as the world works to gauge the fallout from a massive swing in political direction as Socialist François Hollande unseated Conservative Nicolas Sarkozy for the French presidency. The math is pretty simple on this one. Sarkozy has been a staunch supporter of nuclear power, which is reponsible for more than 75 percent of the country’s electricity. He’s also been mostly against expanding government programs to grow the green economy. President-elect Hollande, meanwhile, is an avid backer of renewable energy and he has stated publicly that he wants to reduce France’s dependence on nuclear power to 50 percent by 2025.