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Sarkozy backs 'carbon tax' to fight climate change
Paris (AFP) Oct 25, 2007 French President Nicolas Sarkozy on Thursday came out in support of a "carbon tax" on fossil fuels and other pollutants, as well as a possible levy on imports from countries outside the Kyoto Protocol. In a speech wrapping up four months of climate negotiations between the French government, industry and the green lobby, Sarkozy said he would consider shifting part of the French tax burden from labour to polluting products. "Green taxation has to be more than just a compilation of little taxes," Sarkozy told a ceremony wrapping up four months of tough negotiations between the government, industry and the green lobby. "We need to profoundly revise all of our taxes and charges. The aim is to tax pollution more, including fossil fuels, and to tax labour less," said the president, who was ask to rule on the divisive issue of a carbon tax. Sarkozy pledged to study the creation of a "climate-energy tax", "in exchange for an alleviation of labour taxes", ruling out any increase in overall taxation. Addressing European Commission head Jose Manuel Barroso, present for his speech, Sarkozy also called for a Europe-wide effort to study the "option of taxing products imported from countries that do not respect the Kyoto protocol." Sarkozy also announced a raft of measures to slash France's greenhouse-gas emissions, cut pollution and foster biodiversity, endorsing most of the conclusions of a vast national forum which wrapped up over the past two days. These ranged from an agreement to freeze the building of new highways and airports, to a national plan to shift freight traffic from road to rail, to a pledge to slash pesticide use in Europe's biggest farm producer. Nobel-winning climate crusader Al Gore, who took the stand before Sarkozy at the ceremony, paid a powerful tribute to the French forum, saying it was a model for global efforts to fight climate change. Related Links Powering The World in the 21st Century at Energy-Daily.com
North American Electricity Demand Continues To Outpace Resource Growth
Princeton NJ (SPX) Oct 19, 2007Electricity usage in the United States is projected to grow more than twice as fast as committed resources over the next 10 years, the North American Electric Reliability Corporation (NERC) announced today in its annual 2007 Long-Term Reliability Assessment. Unless additional resources are brought into service, some areas could fall below their target capacity margins within two or three years. In parts of western Canada, demand is projected to outpace resource growth within about two years. |
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