French panel to recommend carbon tax on fuel

PARIS (AFP)

A government-named expert panel headed by former Socialist prime minister Michel Rocard is to report back on Friday on how much the levy should be, which products should be covered, and what taxes can be cut to offset it.

Under Rocard’s recommendations, leaked in Les Echos business daily and confirmed to AFP, France would bill 32 euros (46 dollars) for every tonne of carbon dioxide emitted in 2010, rising to 100 euros per tonne in 2030.

In practice the levy — which Rocard said could come into force from 2010 “if it is technically ready” — would add 0.077 euros (0.11 dollars) to the cost of one litre of unleaded fuel and 0.085 euros to a litre of diesel.

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