Une ligne de fracture se dessine pour ou contre l’expansion pétro-gazière

The statement critiques the French financial sector's response to the climate crisis, highlighting a divide between institutions adopting strict exclusion policies for oil and gas expansion and those maintaining the status quo. It specifically condemns the French Ministry of Economy and Finance for avoiding strict regulatory frameworks and calls on major entities like AXA to stop insuring new fossil fuel projects.

• French regulators, specifically the ACPR and AMF, have observed an increase in support for hydrocarbons since 2015 and are urging financial actors to implement robust policies on all fossil fuels, including conventional oil and gas, and to establish a clear exit calendar for unconventional hydrocarbons.
• The French Ministry of Economy and Finance, led by Bruno Le Maire, is accused of avoiding the issue of fossil fuel expansion by focusing on carbon intensity targets for 2022 instead of creating a strict regulatory framework to stop new oil and gas projects.
• Major French banks—BNP Paribas, Société Générale, Crédit Agricole, and BPCE-Natixis—are characterized as maintaining the status quo, with BNP Paribas specifically noted for tripling its support for shale oil and gas between 2019 and 2020 despite having an exclusion policy.
• Several financial institutions have begun adopting stricter stances against fossil fuel expansion: La Banque Postale announced a total and rapid exit from oil and gas, Crédit Mutuel ended support for new projects, and Ircantec announced the exclusion of companies that do not renounce expansion in unconventional hydrocarbons by the end of 2022.
• TotalEnergies is criticized for its lack of genuine transition, as it plans a 35% increase in gas production between 2019 and 2030, with hydrocarbons expected to represent 80% of its investment expenditures by 2030.

APA

admin (2021). Une ligne de fracture se dessine pour ou contre l’expansion pétro-gazière. Reclaim Finance. https://reclaimfinance.org/site/2021/10/28/une-ligne-de-fracture-se-dessine-pour-ou-contre-lexpansion-petro-gaziere/

Chicago

admin. Une ligne de fracture se dessine pour ou contre l’expansion pétro-gazière. Reclaim Finance, 2021. https://reclaimfinance.org/site/2021/10/28/une-ligne-de-fracture-se-dessine-pour-ou-contre-lexpansion-petro-gaziere/.

Wikipedia

{{cite press release |last1=admin |title=Une ligne de fracture se dessine pour ou contre l’expansion pétro-gazière |publisher=Reclaim Finance |date=28 October 2021 |url=https://reclaimfinance.org/site/2021/10/28/une-ligne-de-fracture-se-dessine-pour-ou-contre-lexpansion-petro-gaziere/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{admin2021une, author = {admin}, title = {{Une ligne de fracture se dessine pour ou contre l’expansion pétro-gazière}}, publisher = {Reclaim Finance}, year = {2021}, month = oct, url = {https://reclaimfinance.org/site/2021/10/28/une-ligne-de-fracture-se-dessine-pour-ou-contre-lexpansion-petro-gaziere/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }