FASCISM NOT SOCIALISM

Macron Says French State Should Take Control of Some EDF Assets

William Horobin, Bloomberg News

Electricity pylons and power lines near the Paluel nuclear power plant, operated by Electricite de France SA (EDF), in Paluel, Normandy, France, on Monday, Jan. 24, 2022. France, located at the heart of Western Europe's power grid, with its fleet of nuclear reactors has for decades been the continent's largest electricity exporter, supplying the U.K., Spain, Italy, Switzerland, Belgium and Germany at times of peak demand. , Bloomberg

(Bloomberg) -- French President Emmanuel Macron said some Electricite de France SA assets should be nationalized for his plans to bolster the country’s energy independence. 

Presenting his election manifesto in Paris, the French leader said that for activities most linked to questions of national sovereignty “the state should retake capital” as part of a larger overhaul of EDF. 

Earlier in the press conference Macron spoke of a need to take back control of several “industrial players” in the sector.