France announces <€1B in emergency farm support after 2026 summer(www.thescottishfarmer.co.uk)
1 pointby nephihaha4 hours ago2 comments
  • toomuchtodo3 hours ago
    Can they afford this every year into the future? Because climate change is only going to get worse.
    • mytailorisrich3 hours ago
      Yes they can because that's very typical of the power of farming unions in France. Various subsidies happen all the time and 1 billion is not that much in the sea of government spending on about anything and everything they have... that is, if they don't go broke (which is a real possibility at this point).
      • toomuchtodo3 hours ago
        Do you have any citations you can provide?

        > “that is, if they don't go broke (which is a real possibility at this point).”

        is my point. The US is currently spending ~$1T/year on climate costs [1], for example.

        [1] https://news.ycombinator.com/item?id=44477195

        • mytailorisrich2 hours ago
          France's public finances are really going badly to the point that mentions of looming financial crisis are becoming more frequent and serious. The country has high debts and high deficit but also high taxation, however successive governments have never taken the political risk of cutting spending.

          The end may be nigh [1] but in general farming subsidies are seen as strategic and as mentioned farming unions are superpowerful (writing as a Frenchman).

          [1] https://www.ft.com/content/d470e9dd-760c-46ae-93ec-014b59160... "France’s debt interest bill to jump 25% this year (2026)"

        • 2 hours ago
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  • nephihaha4 hours ago
    France has announced more than €1 billion in emergency farm support as drought and extreme heat cause major agricultural losses.