France Introduces New Carbon Tax To Cut Carbon Fuel Emissions

MyOrbit-Team — Mon, 14 Sep 2009 13:52:53 +0000

In a move to make people reduce their consumption from using oil and gas energy, France will impose a levy on oil, gas and coal consumption by households and businesses from next year.

This Green Carbon Tax will be 17 Euro per ton of Carbon emission. While Sweden and Finland already have such taxes, France is now the largest developed economy to implement such a carbon tax.

Challenges in moving towards Renewable Energy

MyOrbit-Team — Fri, 19 Oct 2007 09:05:48 +0000

Most of us will happily switch over to Renewable Energy if its available at around the same price. Some Renewable Energy producers are seeking the “cap and trade system” to boost the eco-friendly energy. But a bill to cap carbon dioxide is not easy – conventional energy companies have made deep investments. For example, Mike Morris, the CEO of AEP (American Electric Power), feels the use of coal is still needed to meet the base energy requirements. Still, given the thrust for green and environmental friendly energy, and with certain VCs willing to invest in them in a phase by phase approach, we can be sure to see some good innovations within a 5-10 years. Manoush Zomorodi of Reuters reports. If you are interested in Solar Energy, head over to this site that is dedicated just to it: Solar Energy Review

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France Introduces New Carbon Tax To Cut Carbon Fuel Emissions

Challenges in moving towards Renewable Energy