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And don’t miss Chris Bryant on nuclear troubles in France: “If power companies were rewarded for not pumping out planet-warming carbon dioxide, then Electricite de France SA would be a prince among paupers. Nuclear and renewables accounted for 88 percent of the French utility’s output last year, whereas coal and fuel oil contributed just 4 percent. Yet EDF is far from being electricity world royalty. Instead, it resembles a weary performer struggling to keep an array of china plates spinning overhead, while being barked at by a government circus-master.”

This column does not necessarily reflect the opinion of Bloomberg LP and its owners.

Max Nisen is a Bloomberg Gadfly columnist covering biotech, pharma and health care. He previously wrote about management and corporate strategy for Quartz and Business Insider.

To contact the author of this story: Max Nisen in New York at [email protected]

To contact the editor responsible for this story: Mark Gongloff at [email protected]

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