Tuesday, 4 August 2009

France looks to a carbon tax

The panel of experts that were looking into proposals for a French carbon tax (which we reported back in June) has proposed that the country should aim to introduce a scheme by 2010, according to a Reuters report.

Under the plan, France would charge 32 euros ($46) for every ton of carbon dioxide emitted in 2010 and lift the tax progressively to 100 euros by 2030. The tax will affect all sectors that are not part of existing emissions trading programmes, but the government has pledged to offset any tax with cuts elsewhere.

The tax is expected to bring in 8-9bn euros, divided roughly equally between households and businesses, the report said, although the level of the tax will be one of the key points under discussion. However, the plan has already come under criticism from intensive fuel users such as farmers and fishermen.

The report is expected to provide the basis for legislation, due to be debated after the summer break. It's part of France's aim to reduce its greenhouse gas emissions by 75% by 2050.

There's a long way to go, but carbon taxes are gaining ground in Europe. Sweden, which currently holds the European Union presidency, is expected to present an EU-wide carbon tax plan shortly and Denmark and Norway already have carbon taxes in place.

© The Green IT Review

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