In 2023, total support for coal in fossil fuel production in France stood at 560 thousand USD. Projections for 2024 onwards indicate a steady increase, beginning with 580 thousand USD in 2024 and reaching 650 thousand USD by 2028. This demonstrates a consistent growth trend, with year-on-year growth rates fluctuating between 3.4% and 3.2% over this period. The compound annual growth rate (CAGR) for these five years is approximately 3.3%, highlighting a moderate upward trajectory in fossil fuel production support for coal.
Future trends to watch for include potential shifts in energy policies and transitions towards renewable energy sources in France. This could significantly impact financial support allocations for fossil fuels, particularly coal, altering current trends and forecasts.
