Says Nature. Well, good, is my first reaction. It is set at €17 (and phased in) whereas €40 was apparently the minimum considered worthwhile. Furthermore “the plan is to phase in higher carbon prices over time, but Sarkozy failed to give further details” so we’ll have to see. More from the beeb: “It will apply to households as well as enterprises, but not to the heavy industries and power firms included in the EU’s emissions trading scheme.” Hmm, tricky. Taxing them twice would be bad. But so are exemptions. I’m not sure I’d trust the EU trading scheme to be sane.
As to the reactions: “Mr Sarkozy insists the new tax is all about persuading the French to change their habits and cut energy consumption, the BBC’s Emma Jane Kirby reports from Paris… Critics say it is just a ploy to boost ailing state finances… Two-thirds of French voters say they are opposed to the new levy, fearing they will struggle to pay higher bills. ” Oh well, nothing new there.