Paris: French President Emmanuel Macron has called on the government to develop 'new responses' to rising energy prices amid a 'highly uncertain geopolitical context,' according to government spokesperson Maud Bregeon on Wednesday.
According to Anadolu Agency, Bregeon stated that Macron asked ministers and the government to continue engaging with sectors affected by energy and fuel price increases, ministry by ministry, to design possible new support measures and targeted responses in the coming weeks. The focus is on crafting solutions that can mitigate the impact of the escalating energy costs on both consumers and businesses.
Bregeon also mentioned that the government is considering fiscal measures on energy companies, which may include a potential tax on oil 'superprofits.' This consideration comes as a response to the significant profits reported by major energy companies amid the ongoing crisis.
Furthermore, Bregeon dismissed criticism directed at energy giant TotalEnergies, which recently reported a 51% rise in first-quarter profit. She emphasized that the government would not engage in 'total bashing,' but underscored that no one should profit excessively from the crisis, particularly in France. She assured that all options, including taxation, remain on the table to ensure fairness.
In a related move, the government had announced a fuel subsidy last week amounting to £0.20 (around $0.22) per liter for approximately three million low-income, high-mileage workers, aiming to alleviate the financial strain on those most affected by rising fuel prices.