Carbon Tax: The French Connection

Last week, European finance expert Éloi Laurent published a new paper on the new French carbon tax (Carbon Tax: The French Connection, The Economists' Voice: Vol. 6 : Iss. 13, Article 2 {2009}). You can find the abstract from his article below via Tax Prof, or download the full PDF by clicking here.

In early 2010, France will introduce a carbon tax, becoming the largest economy in the world to do so. According to Éloi Laurent, the introduction of a carbon tax in France is a good example that ecologically efficient and socially fair solutions do exist to curb climate change, but that it takes public pedagogy, sound economic reasoning and above all political courage to bring them into being.