Friday, September 11, 2009

Sarkozy imposes carbon tax to 'save human race'

NICOLAS SARKOZY yesterday vowed to lead the fight to “save the human race” from global warming, launching a carbon tax to encourage French families and industry to cut their use of fossil fuels.

From 2010 France will be the biggest European economy to levy a carbon tax, following other successful schemes introduced by Nordic countries in the 1990s.

The tax – initially set at €17 per tonne of carbon dioxide emissions – will be levied on individuals and businesses for fossil fuel consumption. Family fuel bills will rise, while businesses will pay more for factories run on fossil fuels. More...

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