Withdrawal from nuclear power, minimum wage 1,500 euros … Yannick Jadot’s economic program

The first environmental candidates since the 2012 presidential election have proposed a series of climate-friendly economic measures, but do not support degrowth.

“Ecology is not a cold shower in the dark every month.” Yannick Jadot, invited to the Economic Summit of the Magazine Challenges in December, wanted to show that he was not an enemy of the economy.Scoring

European Ecology’s “Eco-Republic Project”-If the 2022 Greens (EELV) rejects the “model of growth at all costs”, the candidate will not accept the model of decline.

“Our horizon is the horizon of the New Economy, a robust and resilient sovereign, in phase with the demands of climate change,” introduces the candidate to his program in the preamble.

Social justice, € 60 billion investment in transition to ecosystems, fighting tax evasion …

The first environmental candidates since the 2012 presidential election (EELV rallyed in Benoit Amon in 2017) occupy a major line in Eva Joli’s program. For the same purpose as the 2012 unsuccessful candidate (2.3% of votes) in terms of employment (creating 1 million jobs in 5 years) and energy mix (withdrawal from nuclear power).

The program of environmental candidates, co-constructed with 10,000 online contributors and 400 experts, is densely packed with 22 themes, from travel mode to European construction, through purchasing power and security. We are increasing the number of suggestions.

The details of the financial measures of Yannick Jadot’s program are as follows.

His suggestions for energy

“Emmanuel Macron talks about mini-power plants as if they were a mini-fusion of mini-waste and nuclear reactors. In October last year, Janic Jadot said after the president announced that he would resume nuclear power. I guaranteed it.

Candidates plan to phase out nuclear power altogether between 2040 and 2050, ensuring 100% renewable energy by that date. By 2035, about 10 reactors will be shut down.

To compensate for this decline in production, President Jadot will deploy 3,000 onshore wind turbines by 2027, in addition to the planned seven offshore parks (total of 6,000 wind turbines) and 340 km² of solar panels. It’s a schedule. Probably an unpopular project at the local level. Onshore wind power is poorly reported, and the construction of solar power plants also provokes opposition. For example, this project targets France’s largest power plant (1000 hectares in Gironde). However, in his project, EELV candidates specify that they prefer buildings and parking lots because of solar energy.

An energy mix complemented by biogas. The candidate hopes to increase production to 32 TWh by 2030, “thanks to the development of a moderately sized methanizer.”

Candidates who want to review the rules of the European electricity market will re-nationalize EDF “to avoid sharp price increases.”

Eventually 10 billion euros were invested in the fight against the heat sieving (the current government spent 7 billion on this between 2020 and 2021) and new fossil fuel vehicles will be sold in 2030. Is banned (European projects predict 2035).

That proposal for business and competitiveness

An industry that responds to climate change. Yannick Jadot will adjust the public aid paid to businesses (€ 150 billion annually) to comply with environmental, social and gender equality standards.

“100% of economic decision makers take training courses on the challenges of transitioning to an eco-society,” says environmental candidates.

Each year, € 25 billion is devoted to infrastructure for the transition and enhancement of public research.

We are considering protective trade-oriented measures such as the “purchase of the European Protocol” and the expansion of the carbon border adjustment mechanism planned for 2023 to all sectors of the economy.

Finally, if he does not intend to ban the payment of dividends, the latter will be conditioned under his president against social and environmental standards.

His tax proposal

The rich have more taxes and the humility has less taxes. This is the philosophy of Green Candidate’s tax program.

The most iconic is the creation of a climate ISF, apparently taxing assets over € 2 million and including a bonus Mars system depending on the impact of the asset on the climate. Candidates have calculated revenue from this potential tax of € 15 billion.

For households, Yannick Jadot wants to remove the couple’s quotient (which lowers the tax rate paid by the wealthiest members of the household), which has been accused of contributing to the couple’s income inequality. Candidates also want to remove the flat tax by lowering the rate of the first income tax bracket, adding the best bracket, and realigning capital income with labor income.

VAT is also a means to decarbonize the economy at 5.5% (currently 10%) for public transport, 0% for organic food and 20% for polluted transport.

Finally, for businesses, Yannick Jadot “ends the competition for minimum tax bidders” by demanding harmonization of European corporate taxes by raising the minimum tax rate for multinationals to 25%. I want it. And, contrary to the programs of many candidates (and the current government), it will be abolished in 2021 and will restore the production tax, which was generally accused of undermining France’s competitiveness.

His proposal for a successor

Pay inheritance tax on real estate received throughout his life. This is Yannick Jadot’s main proposal and we would like to introduce an allowance of up to € 200,000 (currently € 100,000 directly).

Environmentalist candidates want inheritance tax reform at two key points. Allowances that are calculated throughout the heir’s life and are no longer reset every 15 years, and the elimination of tax loopholes related to donations and inheritance.

According to figures from the Montaign Institute, such measures will enable an additional income of approximately € 7.7 billion annually.

His proposal for purchasing power

“We want to raise the minimum wage by 10% to a net of € 1,400 (currently € 1,269, editor’s note) and move to € 1,500 towards the end of the five-year term, depending on inflation levels. “

On BFMTV, Yannick Jadot outlined purchasing power measures.

Significantly increase Smic and generate citizens’ income that is automatically paid from the age of 18. The basic income is 740 euros per month and can be combined with housing allowances and activity bonuses.

Finally, the candidate proposes to create a publicly available company equal pay for equal work and value sharing index.

His suggestions for housing

Candidates will spend € 50 billion annually on investment (2% of GDP), including 10 billion for housing and construction. Therefore, 700,000 public housing units were built during his five-year term, and his estimates created 1.5 million jobs in this sector.

The threshold of the SRU Act, which requires local governments to provide 20% of social housing, will gradually increase to 30% over five years.

Rent is supervised in a tight space and a universal rental guarantee is created on behalf of the guarantor. It will be equally funded by the country and homeowners.

His suggestions on working hours

“History means shortening working hours.” At the RTL on February 2, Yannick Jadot mentioned how to reduce the work of French people.

If he considers a four-day week as a possibility, he does not want to impose it nationwide, but rather begs for a major meeting on the subject with social partners.

In that case, the reduction in working hours will prevent you from taking very long paid leave at the annual or multi-year level rather than on a weekly basis.

“It could be 6 months after 5 years or 1 year after 10 years,” evokes the candidate.

His pension proposal

Candidates are more ambiguous in this regard. If he guarantees that he will not push back the statutory retirement age (currently 62 years old), he promises to allow people working in difficult jobs to leave early, without further details.

In old age, Yannick Jadot wants to expand the staff in nursing homes with at least 8 companions for 10 residents. Ehpads, whose candidates want to be “on a human scale,” has revised up their personal autonomy so that they can reduce the remaining charges to volatile residents.

His shipping proposal

Transportation is the first sector of greenhouse gas emissions and is a major theme of the environmental candidate program.

Yannick Jadot hopes there will be fewer cars on French roads at the end of his mission. To do this, employers want to ensure that they use sustainable mobility packages to cover all costs for employee carpooling, car sharing, cycling, and public transportation. Lanes may even be reserved on the road for car pullers.

Bicycles need to account for 15% of daily transport by 2030, for which President Jadot donated up to € 500 million annually to the Bicycle Fund, making bicycles available to all young people aged 16-25. will do so.

€ 4 billion is invested each year in the modernization of infrastructure and the opening of small lines “all over France”, with a focus on trains. In addition, with the opening of 15 new night trains, candidates promise to double their share of rail freight in transportation during their five-year term.

Finally, airlines are banned if there is a train journey of less than 4 hours. And at the European level, if a train alternative is possible within 6 hours.

His suggestions for agriculture

Organic food and animal welfare in Yannick Jadot’s program. By 2027, 100% of food will be organic in French cafeterias, hospitals, governments and prisons.

Therefore, EELV candidates want to halve the use of fertilizers and pesticides by 2027 and demand at the European level by 2030. From 2022, neonicotinoids, glyphosate, pesticides and fungicides will be banned, and by 2035 all synthetic pesticides will be banned at the European level.

For meat, cage farming will be banned from 2025, huge breeding facilities will be banned, and mobile slaughterhouses will be generalized.

Yannick Jadot guarantees farmers a “valued income” without the details. He has designated the Caisse des Dépôts to take over the debt of over-debt farmers. Finally, it will financially encourage farm relocation with bonuses to relocators for installation in agroecosystems.