Sarkozy launches green tax plan

by Fabian on 09/10/2009

in News and Resources

Sarkozy is having some good ideas lately:

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French President Nicolas Sarkozy launched plans on Thursday for a carbon tax to encourage industry and households to cut energy consumption.

The levy, initially set at 17 euros ($24.78) per metric ton of carbon dioxide emissions, will translate into a rise in the price of fuel for cars, domestic heating and factories.

“The gravest challenge that we face is climate change … Every one of our compatriots must feel concerned,” Sarkozy said in a televised speech aimed at winning over a skeptical public.

Read the complete article here:

http://www.reuters.com/article/environmentNews/idUSTRE5892V120090910

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