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France targets carbon tax in energy transition law (quadruples rate in five years)
EurActiv ^ | 27 Jul 2015 08:03 | (Journal de l’Environnement | translated by Samuel White)

Posted on 07/27/2015 12:44:52 PM PDT by Olog-hai

The debate is finally over. After more than a year of national consultations, draft bills and parliamentary discussions, French MPs finally adopted the bill for an Energy Transition for Green Growth on Wednesday 22 July.

The substance of this far-reaching bill was subject to significant re-shaping by both houses of the French parliament, as well as the government. […]

The adopted bill contains several last minute additions, including a Senate amendment to increase the carbon tax on fossil fuel use to €56 per ton in 2020, a four-fold increase, and €100 in 2030. “The trajectory of the carbon tax increase is a good sign a few months ahead of the COP 21. It’s a good sign that should be enshrined in the 2016 budget,” said Lorelei Limousin from Climate Action Network.

The first challenge to the energy bill came immediately after its adoption. On Thursday 23 July, 60 senators from the right wing Republican party asked the Constitutional Council to review the legality of the legislation. They claim that “the procedure followed by the joint committee in examining the energy transition bill contravened the principle of bicameralism”. …

(Excerpt) Read more at euractiv.com ...


TOPICS: Business/Economy; Local News; Society; Weather
KEYWORDS: carbontax; climatechangehoax; eurobanking; europeanunion; eussr; france; globalwarminghoax; socialistparty

1 posted on 07/27/2015 12:44:52 PM PDT by Olog-hai
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To: Olog-hai

More “legalized theft by the state


2 posted on 07/27/2015 12:47:54 PM PDT by jsanders2001
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To: Olog-hai

Later


3 posted on 07/27/2015 12:54:44 PM PDT by preacher
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To: Olog-hai

Carbon tax = tax on carbon-based fuels = limits on the use of carbon-based fuels = cutting permissible forms of energy by some 90%

Automobiles cannot yet run on any kind of atomic reactor, and the long-term storage of electricity is still a very expensive proposition, in terms of reliable AND inexpensive batteries. So most of the energy we use on a daily basis is reliant in some way on carbon-based “fossil” fuels. Even natural gas, composed mostly of methane, is a carbon-based fuel, and still subject to this pernicious tax.


4 posted on 07/27/2015 1:46:58 PM PDT by alloysteel (If Stupidity got us into this mess, then why can't it get us out? - Will Rogers.)
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To: Olog-hai

And capping nuclear power output to 63.2 gigawatts. No further economic growth for France.


5 posted on 07/27/2015 1:50:55 PM PDT by Fred Hayek (The Democratic Party is now the operational arm of the CPUSA)
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To: Olog-hai

Is there anything they don’t tax over there?


6 posted on 07/27/2015 2:11:59 PM PDT by mass55th (Courage is being scared to death - but saddling up anyway...John Wayne)
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To: Olog-hai

The U.S. progressive liberal democrat/rino communist uni-party will be doing the same shortly now they have a ready made template.


7 posted on 07/27/2015 3:28:09 PM PDT by PoloSec ( Believe the Gospel: how that Christ died for our sins, was buried and rose again)
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To: Olog-hai; 11B40; A Balrog of Morgoth; A message; ACelt; Aeronaut; AFPhys; AlexW; alrea; ...
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8 posted on 07/27/2015 4:13:36 PM PDT by Tolerance Sucks Rocks (Democrats and GOP-e: a difference of degree, not philosophy)
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