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France’s socialist gov’t to drop carbon tax plan

Source: GWPF

It appears to be all crumbling for the elites:

  • Brexit against their wishes;
  • The Paris agreement;
  • Trump wins popular vote in US;     and now
  • France to drop carbon tax plan.

 

The French government is set to drop plans to introduce a carbon tax, French financial daily Les Echos said on Thursday.

The newspaper, quoting several sources, said the socialist government will not include the carbon tax in a draft 2016 budget update currently being discussed.

Environment Minister Segolene Royal had said in May that France would unilaterally introduce a carbon price floor of about 30 euros ($33) a tonne with a view to kickstart broader European action to cut emissions and drive forward the December 2015 United Nations-led international climate accord.

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