As of 2023, the total support on all fossil fuels for all beneficiaries or sectors in France stood at 10.18 billion US dollars. From 2024 to 2028, forecasts indicate a gradual increase from 10.61 to 12.32 billion US dollars, showing a positive trend with an average annual growth rate (CAGR) of approximately 3.02% over the five-year period. The year-on-year growth rates highlight a consistent upward momentum in fossil fuel support, reflecting policy or economic dynamics favoring continued investments in the sector.
Future trends to watch for include potential shifts in energy policies or international agreements that may impact fossil fuel subsidies, as well as technological advancements or economic shifts influencing the energy market landscape.
