France is finally waking up. A carbon tax on emissions was to have gone into effect 1/1/2010 charging $24 (USD) per ton of emissions.
The only problem though is that about 93% of industrial carbon emissions were exempt. Yes, the biggest emitters got off the hook.
French Constitutional Court Rejects Carbon Tax (Update1) - Bloomberg.com
snippet:
" France’s constitutional court rejected a proposed tax on carbon emissions, saying a web of exemptions violated the principal of equality and rendered efforts to cut greenhouse gas emissions ineffective.
..
To make the tax more palatable, he partially or fully exempted power plants, public transport, airlines, farming and fishing, as well as 1,018 older cement, steel and glass factories.
In all, 93 percent of all industrial carbon emissions in France would have avoided paying the full tax, the constitutional court said in a decision published on its Web site. The tax would have fallen disproportionately on fuel for heating and cars, it said."
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