BusinessGreen: France is set to introduce a carbon tax from next year that should generate EUR4bn from 2016 to fund investments in renewable power and energy efficiency.
French Prime Minister Jean-Marc Ayrault made the announcement over the weekend outlining the details of the tax confirmed by President Francois Hollande on Friday, and also revealed plans for a levy on nuclear power plants without saying how much that would raise.
The carbon tax will be levied on all fossils fuels in proportion to the emissions...