You can't use non-English letters in macro and environment names. The special characters are often implemented as active characters, i.e. characters which are actually macros. As you can see in the error message É is expanded to \IeC {\'E}. Such non-expandable macro can't be used in environment names.
If you want to define a RÉSUMÉ environment yourself you should use RESUME instead. Note that the babel package does not translate the names of the macros and environments, but provides hyphenation patterns and language related macros and settings, like e.g. French quotes. The default environment for this is abstract. It might be possible to translate such names to French for people which have issues with English, but even then non-English letters are a no-go.
If you want the abstract title instead by RÉSUMÉ you need to use the abstract environment nevertheless, but switch the language to french.
The exact name can also be redefined manually:
\documentclass{article}
\usepackage[T1]{fontenc}
\usepackage[utf8]{inputenc}
\usepackage{lmodern}
\usepackage[english,french]{babel}
%\renewcommand{\abstractname}{RÉSUMÉ}
\begin{document}
\begin{abstract}
French abstract ...
\end{abstract}
\selectlanguage{english}
\begin{abstract}
English abstract ...
\end{abstract}
text text ...
\end{document}
[english,francais]should be[english,french]instead. – Martin Scharrer♦ Apr 4 '12 at 12:48RÉSUMÉas macro ! – user15992 Apr 4 '12 at 12:51frenchas well,francaisactually works, as Ulrike remarked at my answer. I was surprised as well. – doncherry Apr 5 '12 at 15:20