Glucksmann and Jadot unveil a 200 billion euro '100 days' plan to start France's exit from oil and gas

Raphaël Glucksmann, the social-democratic left's candidate in France's 2027 presidential election, on Monday, November 9, presented a "100 days of the ecological revolution" plan that he says he would launch on taking office. The plan, drawn up with Senator Yannick Jadot, promises 200 billion euros of public investment over a five-year term to begin France's exit from fossil fuels. Its main new funding source is a one-time 5% levy on fortunes above 100 million euros.

The announcement came the same day the UN climate summit COP31 opened in Antalya, Turkey, and two days after Jean-Luc Mélenchon's La France insoumise (LFI) published its own program with ecology as its first chapter. The two left-wing plans now offer voters a sharp contrast on nuclear power, the role of the state and how to pay for the transition. Critics on the liberal right say both lean too heavily on taxing the wealthy.

What Glucksmann and Jadot proposed#

Glucksmann presented the plan at a Paris news conference alongside Jadot, the former Green presidential candidate whom he has put in charge of the "ecological revolution," according to an AFP report published by L'Info Durable. Glucksmann said the aim is carbon neutrality by 2050 while stabilizing public debt by 2032.

"Nothing we propose can escape the hard test of financing," he said, in a 567politics translation.

The first-100-days package has three layers.

Institutional steps. Glucksmann would declare a "state of ecological emergency," write the principle of an "ecological Republic" into the Constitution and pass an ecological programming law, AFP reported.

Energy goals. The plan would "more than double renewable energy production by 2035" and also "make nuclear energy permanent," according to AFP. That pairing sets it apart from LFI, which wants to phase out nuclear power.

Household measures. The plan includes emergency purchasing-power steps:

Jadot said the measures together amount to "a 13th month" of savings on households' fixed costs. A second part covering biodiversity, water, farming, pollution and health will be presented in the coming weeks, AFP reported.

In an interview with La Tribune Dimanche on Sunday, Glucksmann promised "a radical trajectory to end France's dependence on oil and gas," Politico Europe's Playbook Paris reported.

A nuclear question carried over from August#

The nuclear wording matters because it was the one open dispute between the two men. When Glucksmann first announced the 100-day plan in August, at a wind farm in Charente-Maritime, he said they agreed on "the absolute urgency" of leaving gas and oil, on building renovation and on electric transport, AFP reported via France 24. But "we are not going to hide things," he said: "the question of new nuclear reactors" remained to be discussed. Glucksmann supports building new EPR reactors; Jadot did not, AFP reported.

At the time, Jadot said both agreed on the need to "secure, maintain and train skills for the existing nuclear fleet." Monday's AFP report says the plan would make nuclear energy permanent, but it does not say whether the plan includes new EPR reactors.

Glucksmann also framed the plan as industrial policy in August. "The ecological revolution is an industrial revolution," he said, adding that France should produce goods such as solar panels at home and not depend on China for everything.

How the 200 billion euros would be paid for#

The centerpiece is what Glucksmann called an "exceptional contribution" of 5% on fortunes above 100 million euros, levied once. The money would go into "a fund whose purpose is to make our country livable," he said. Jadot put the expected yield at 50 billion euros.

The campaign did not give a breakdown for the remaining 150 billion euros. AFP listed these sources:

• a European tax on oil and gas companies' windfall profits
• a large European green loan
• ending tax exemptions on kerosene for domestic flights
• raising the solidarity tax on airline tickets
• targeted taxes on private jets and yachts

Les Echos also reported that the plan would draw on French household savings. Glucksmann said he expects public money to have "a ripple effect" on private investment, especially in renewable power.

Several of these sources depend on decisions at the European level, which a French president could push for but not impose alone.

The campaign context#

The plan marks a restart for Glucksmann's campaign. Les Echos reported that he had kept a low profile for about a month after winning the social-democratic primary in early October, while he built his team and found campaign offices. His team held its first full meeting on Friday, the paper reported.

He has slipped back to between 10% and 13% in the latest Ifop poll for LCI, according to Les Echos, well behind Mélenchon and far behind Marine Le Pen. He plans his first large rally at the Paris Event Center on December 6, the day after Mélenchon's rally in Le Havre.

Glucksmann has drawn lines on two fronts. He rejected President Emmanuel Macron's idea of a broad coalition of moderates. "The idea that the left and the right can dissolve into each other, I never believed it," he told La Tribune Dimanche, as quoted by Les Echos. He also said on BFM TV on Sunday that Mélenchon "cannot be president of the Republic because he frightens 70% of the French population."

The LFI alternative#

Mélenchon and LFI unveiled a program of more than 1,000 measures over 200 pages on Friday, November 6, ahead of a rally at Le Bourget on Saturday, the climate news site Vert reported. Playbook Paris put the rally crowd at about 20,000.

The program's first chapter, on "ecological planning," opens with a call to "break with the system of money as king," according to the text published on LFI's campaign site. Its main commitments differ from Glucksmann's in several places:

LFI would also end fossil fuel use by 2050, renovate 700,000 homes a year at a cost of more than 5 billion euros a year and fund production of 2 million electric vehicles a year, Vert reported. It would rely on strong state intervention, including public purchasing pacts with industries and renationalizing companies such as ArcelorMittal.

Anne Bringault of the Climate Action Network, a coalition of environmental groups, told Vert that LFI's program "is complete" on the levers needed to cut emissions. "It remains to see the elements on the financing of this program," she said. LFI says it will publish financing details in thematic booklets during the campaign.

Where the two left plans overlap#

The two programs share more than their authors' rivalry suggests. Both would end the kerosene tax break on domestic flights. Both promise large home-renovation and electric-car programs aimed at lower-income households. Both would write an ecological principle into the Constitution, though in different forms.

On transport, LFI would also scrap domestic air routes where a train alternative of under four hours exists, a measure taken from France's Citizens' Convention on Climate, Vert reported. It would reopen closed rail lines and stations, and regulate the size of SUVs sold in France. LFI would also put a moratorium on low-emission zones in cities, which critics call unfair to poorer drivers.

The deepest split is over nuclear power. LFI calls civil nuclear power dangerous and poorly suited to climate change, and would halt the program of new reactors that Macron launched in 2022, Vert reported. Glucksmann's plan, by contrast, would make nuclear power a permanent part of the mix alongside a rapid expansion of wind and solar.

The second split is about method. LFI's chapter calls for "ecological and democratic planning" laws, a planning council and a constitutional "green rule" under which "one does not take more from nature than it is able to rebuild." Glucksmann describes his approach as a "realistic break," Les Echos reported, and is counting on public money to pull in private investment rather than on nationalizations.

In an interview with Le Monde in August, quoted by Contrepoints, Glucksmann promised to be "the president of ecological transformation," with the exit from fossil fuels as "the keystone."

The liberal-right critique#

The free-market news site Contrepoints, in an analysis published after Glucksmann's primary win, argued that his economic program relies too much on taxing the rich. It said his proposed taxes on large inheritances and on high fortunes could drive wealthy taxpayers abroad, so that the yield "could be negative." It described him as racing Mélenchon "to see which one will tax the rich more."

The site also faulted his wider platform, including keeping the retirement age at 62 and raising the minimum wage to 1,600 euros. It said his ecological promises were, at that stage, "banalities," and urged the liberal right to regroup so as not to leave the field to the left. The analysis predates Monday's detailed plan and does not address the 5% contribution or its 50 billion euro estimate.

What is still unclear#

Several questions remain open after Monday's presentation:

• The rest of the financing. The campaign has put a figure only on the 5% contribution.
• European dependence. The windfall tax and green loan require agreement from other EU governments.
• Cost of household measures. AFP did not report separate costs for the energy check, leasing or heat pumps.
• The second half. Proposals on farming, water and health are still to come.

The plan also tests Glucksmann's reach into France's ecological left. Jadot, whom Playbook Paris described as a defector from the Ecologists, designed the plan with a group of experts and is now its public face.

The government has scheduled the runoff for May 2, 2027, a date Glucksmann has said should be moved, as 567politics reported earlier. The site tracks the field on its 2027 race page.

Differing perspectives

How should France's next president pay for and organize the exit from fossil fuels?

Each position is summarized as its supporters make it, with equal weight and in alphabetical order. A summary is not an endorsement; the evidence for each is weighed in the story above.

• Public investment funded by the very wealthy, with nuclear kept

  Who holds it: Raphaël Glucksmann's campaign and Senator Yannick Jadot

  Glucksmann says nothing in the plan can escape the test of financing. He proposes 200 billion euros of public investment over five years, funded by a one-time 5% contribution on fortunes above 100 million euros, a European windfall tax on oil and gas profits, a European green loan and taxes on private jets, yachts and domestic kerosene. He would more than double renewable output by 2035, keep nuclear power permanently and expects public money to draw in private investment.

  In their words: L'Info Durable (AFP), Glucksmann and Jadot news conference ↗

• State-led ecological planning without nuclear power

  Who holds it: Jean-Luc Mélenchon and La France insoumise

  LFI says the climate emergency requires breaking with the system of money as king. Its program would write a green rule into the Constitution, under which no more is taken from nature than it can rebuild, and adopt ecological planning laws coordinated by a planning council. It calls for a 65% cut in greenhouse gas emissions by 2033, a moratorium on large projects it calls useless, and mandatory certified carbon accounting for companies.

  In their words: Mélenchon 2027 program, chapter 1: ecological planning ↗

• Taxing the rich will not pay for it

  Who holds it: Contrepoints, a French free-market news site

  Contrepoints argues that Glucksmann's economic program races Mélenchon to tax the rich and risks driving wealthy taxpayers abroad, so that taxes on large inheritances and fortunes could yield little or even a negative return. It faults his plans to keep retirement at 62 and raise the minimum wage, calls his early ecological promises banalities and urges the liberal right to regroup so the left cannot win by default.

  In their words: Contrepoints analysis of Glucksmann's program ↗

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