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France Moves to Levy Carbon Tax on Fossil Fuels
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France Moves to Levy Carbon Tax on Fossil Fuels
French President Nicolas Sarkozy on Thursday unveiled a new carbon tax to help combat global warming, calling it a "fiscal revolution" and overriding strong public opposition to the plan. The new levy on oil, gas and coal consumption by households and businesses will come into effect next year, making France the biggest economy yet to impose a straight-up carbon tax.
Video Length: 107
Date Found: November 20, 2009
Date Produced: September 10, 2009
View Count: 0
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