Carbon tax in France : 14,5 € per TCO2eq

 

In 2014, the French Parliament has voted in favor of the Finance Bill that included a carbon tax – Contribution Climat Energie-. The main target of this resolution is natural gas taxed at 1,27€ per MWh. This tax was calculated on the basis of the heating value and the Domestic Tax on Natural Gas Consumption.

This tax is building up : the ton of CO2 will go from 14.€ in 2015 up to 22€ in 2016. Consequently, tax revenues will go from 2.5 billions in 2015 to 4 billions in 2016.