Greedy French pols "rush to revive carbon tax"

“French ministers scrambled on Wednesday to rescue a carbon tax … which was annulled by the Constitutional Court just 48 hours before it was due to come into force. …

The new tax was expected to raise 1.5 billion euros ($2.15 billion) next year and the court’s decision will put added pressure on the budget deficit, already forecast to come in at a high 8.5 percent of gross domestic product in 2010.

Ministers promised to present a revised text on January 20 but it could take weeks more to get the law back through parliament and badly needed cash flowing into state coffers.” “French Government Rushes To Revive Carbon Tax


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