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France Passes New Energy Law Quadruples Carbon Price
2015-07-23 15:38:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: French lawmakers adopted a long-delayed energy law that will reduce the countrys reliance on nuclear reactors and raise carbon prices almost fourfold. Lawmakers late Wednesday passed legislation that included a last-minute amendment initially rejected by the government to increase the target price of carbon to 56 euros ($61.48) a ton in 2020 and 100 euros a ton in 2030, according to the National Assembly website. The rate, now 14.50 euros a ton, climbs to 22 euros a ton in 2016 and is integrated...
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Category:Electronics and Electrical