The boss of Intermarché maintains his call to suspend the CEE but acknowledges difficulties
Once energy savings certificates are suspended, it would be difficult for a government to revive them, Thierry Cotillard admitted during the POLITICO Playbook Paris Live summit.
Thierry Cotillard, president of the Les Mousquetaires group (Intermarché), has called for a suspension of energy savings certificates (CEE) due to the rising fuel prices. He suggests that this could allow for a 17-cent reduction for consumers, while still maintaining support for decarbonization efforts. The CEE mechanism requires energy companies to finance energy savings, which totals around 10 billion euros and is passed on to consumers through their bills.
The proposal has been made previously by other fuel distributors and some politicians, but the government has so far refused, citing the importance of financing the transition.
Written by urgent.news from Politico EU's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
