Macron meets Schwarzenegger and vows to stop oil and gas licences

Guardian Energy 

The new French government has sought to further burnish its green credentials with the announcement it is to stop granting licences for new oil and gas exploration. In his first major intervention since Emmanuel Macron's election victory, the ecological transition minister, Nicolas Hulot, told the broadcaster BFMTV there would be "no new exploration licences for hydrocarbons". Hulot said the government would extend Macron's promised moratorium on fracking projects to cover all oil and gas exploration. He also hinted that the government would increase taxes on diesel and look to streamline decision-making on environmental issues so they could be made "faster". Hulot faces a daunting in-tray to deliver on Macron's wide-ranging environmental manifesto, which promised a sharp increase in renewables' investment, a huge renovation programme to improve the efficiency of French homes, and an acceleration of the deployment of zero-emission vehicles.