France to launch ‘railway highways’ in push for greener financial system

PARIS: France‘s prime minister vowed on Monday to develop “railway highways” to hold meals and different items that now go by truck, a part of a authorities push to scale back the nation’s carbon footprint.
Jean Castex mentioned the “recent meals prepare” linking the primary wholesale market in Paris to the southern metropolis of Perpignan would reopen after that line was closed final 12 months.
The line would finally be linked to a broader European line between Antwerp (Belgium) and Barcelona (Spain), he mentioned, and two new nationwide North-South strains can be launched.
“This is a really robust sign the federal government is giving and it is a first step within the comeback of railway freight,” Castex instructed reporters simply exterior Paris.
Freight trains will have the ability to use the nation’s railway infrastructure totally free till the top of the 12 months and the payment they usually pay will likely be halved in 2021, he added.
The Transport ministry later mentioned these payment measures would price 63 million euros ($74.02 million) a 12 months.
Railways have steadily misplaced floor to lorries in France over latest many years and account for simply 9% of the freight market, in contrast with 45% in 1974 and a European common of 18%.
President Emmanuel Macron promised 15 billion euros ($17.63 billion) of latest funding in June for a greener financial system, a day after the Greens trounced his social gathering and took management of massive cities in native elections. ($1 = 0.8511 euros)

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