Subscribe free to our newsletters via your
  Energy News  

Subscribe free to our newsletters via your

French carbon tax to start at 14 euros per tonne

India carbon emissions to triple by 2030: studies
India's per capita greenhouse gas emissions are expected to nearly triple in the next two decades, but will still remain below the current global average, a government-backed report said. The data released late on Wednesday showed the current per capita rate at around 1.2 tonnes per year, compared to the global average of 4.22 tonnes. Five different studies released by independent institutions concluded that India's per capita emissions of carbon dioxide equivalent would reach 2.1 tonnes in 2020 and 3.5 tonnes in 2030. India's per capita output is one of the lowest globally, but given its massive population it is one of the top polluters in the world. Speaking at the launch, Environment Minister Jairam Ramesh said the data would help to inform debate at global climate change talks in Copenhagen in December. "India should be seen to be part of the solution," he said. But Ramesh cautioned that the numbers were "open to peer review" and that the government did not agree with all of them. The studies found that India's total emissions are estimated to reach between four billion and 7.3 billion tonnes of carbon dioxide equivalent by 2031. India has long rejected binding carbon emission targets on the grounds that they would hinder economic growth and development. More than 180 nations are due to negotiate an agreement to replace the Kyoto Protocol climate treaty in Copenhagen in December. Ramesh reiterated a promise by Prime Minister Manmohan Singh that India's per capita emissions would never exceed those of developed nations, but credited energy efficiency options rather than mitigation strategies for the projections.
by Staff Writers
Paris (AFP) Sept 2, 2009
France will roll out a carbon tax on fuel in 2010, starting at 14 euros (20 dollars) per tonne of carbon dioxide emitted, Prime Minister Francois Fillon said in an interview to be published Thursday.

Championed by President Nicolas Sarkozy, the new tax on transport and household fuel is part of France's drive to wean consumers off polluting energies and slash global warming emissions.

"We have decided to apply this tax progressively. Starting with the market price of carbon, or 14 euros," Fillon told Le Figaro Magazine weekly.

"We will then put in place an independent committee charged with measuring the effects of the policy and proposing adjustments."

France's Socialist opposition has warned against penalising low-income families with a flat levy on fuel, while critics in Sarkozy's camp fear any new tax is political suicide in the current economic climate.

In practice a 14-euro carbon tax would add 0.033 euros (0.47 dollars) to the cost of one litre of unleaded fuel, based on previous government estimates.

Household heating costs would rise by between 25 and 75 euros per year, depending on the type of building and method used.

Fillon insisted that all revenue from the tax -- estimated at some four billion euros (5.7 billion dollars) -- would be handed back to taxpayers, in the form of "green cheques" or tax cuts elsewhere.

"I assure you there will be no increase in the obligatory taxes. The carbon tax is about transferring taxation, it is not a new tax," he said.

As far as businesses are concerned, it will be offset by a lower local business tax while households would be compensated via lower income taxes or lower social charges, he said.

The tax will not cover electricity, he said, arguing that French power consumption was "overwhelmingly drawn from nuclear power."

Based on France's commitment to slash global warming emissions by 75 percent by 2050, a government planel called for a levy of 32 euros for every tonne of carbon dioxide emitted, rising to 100 euros per tonne in 2030.

But the government has already said the levy would start at no more than 15 or 20 euros, in order to avoid a consumer backlash.

Share This Article With Planet Earth DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook

Related Links

Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

CSIRO Talks Mining With Remote Communities
Canberra, Australia (SPX) Sep 02, 2009
CSIRO and the National Indigenous Radio Service (NIRS) have joined forces to launch a communication program aimed at Australia's remote communities. "We want communities to be better equipped to understand how current and possible future exploration and mining technologies may or may not affect the land," CSIRO's Minerals Down Under Flagship Director Dr Peter Lilly said. "We hope that this ... read more

The content herein, unless otherwise known to be public domain, are Copyright 1995-2009 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement