17 Sep '12, 1pm

France Taxing Carbon Emitters in an Effort to Overhaul Consumer Energy Costs

Making more people eligible for so-called “social” utility rates will make energy more accessible, he said in a speech at an environment conference in Paris. Existing law allows for 1 million households to benefit, he said. The 2013 budget will include a “general tax” on businesses that contribute to air pollution, he said. The government also plans to review the CSPE tax on electricity bills that goes toward paying the higher costs of renewable energy. President Francois Hollande has embarked on a plan to lower France’s reliance on nuclear power and overhaul energy costs for consumers. Electricite de France SA and GDF Suez SA, the Paris- based former monopolies, have the rates that they charge households in their home market regulated by the government. A draft law aimed at boosting energy efficiency and lowering demand would make rules on the tariffs more complex because...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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France Taxing Carbon Emitters in an Effort to Overhaul Consumer Energy Costs

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