PARIS (Reuters) - The French government expects to spend 4.2 billion euros ($4.71 billion) less in 2024 as it scales back massive consumer subsidies on fuel and electricity, according to first budget estimates sent to parliamentarians.
Electric vehicles (EVs) might be the better option for the climate and path to net zero, but they are not the best option for the wallets of those on lower incomes affected by a cost-of-living crisis.
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