Carbon News - Intelligence for the carbon market

TEN YEARS AGO ...

Thursday 12 Sep 19 11:00am

Ten years ago, French President Nicolas Sarkozy announced a carbon tax to “save the human race” from global warming. | Read the story here

The tax was to come into force in 2010 but was blocked by the country’s Constitutional Council, which said it was unfair to exclude the agriculture, fishing and transport sectors.


It was eventually introduced in 2013 as the Contribution Climat-Énergie, with price rises scheduled each year, to reach €65.40 a tonne in 2020 and €86.20 a tonne in 2022.


However, violent public protests by les gilets jaunes (yellow vests) have led to  the price being frozen at the 2018 rate of €44.6.
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Related Topics: Agriculture | Tax | Transport

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