TaxCorporate TaxFrench to consider carbon tax

French to consider carbon tax

French government looks into report on taxing energy consumption

French president Nicolas Sarkozy

The French government will look into the possibility of a carbon tax, after
it was presented with a report this week.

Former prime minister Michel Rochard presented the report into a new carbon
tax, which will now be considered by president Sarkozy.

The tax would attempt to discourage people from energy consumption. Although
the details are not set in stone, a €32 tax per ton of carbon dioxide emitted
through fossil fuels would be levied on the transport and housing sectors.

However unions and consumer organisations have warned that people will spend
less and reduce the competitiveness of French businesses,
reported
tax-news.com
.

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