The French government has imposed a series of green taxes on gas guzzling cars and tax breaks for green vehicles to come into force immediately.

Under the new laws, a sliding scale of penalties will be introduced with charges starting at €200, with the one per cent of cars which emit the most carbon dioxide subject to a charge of €1,600.

Meanwhile, new cars which emit more than 160 CO2/gm will be charged up to €2,600.

Conversely, cars which emit less than 130 grams of CO2/km are in line for a bonus of €200, while those which produce less than 100 grams granted €1,000.

These limits will subsequently be revised and made more stringent every two years, so as to encourage car companies to manufacture cleaner vehicles.

The proposals come in the wake of a four-month consultation between car companies, environmental lobbyists and government figures.

Source:

France slaps penalties on gas-guzzling cars, 05/12/07
http://afp.google.com/article/ALeqM5g1KI27BEA3p2skbnvKHLq7-bcrLg

OFFICIAL CORRECTION French carbon-emissions bonuses/penalties for new cars, 05/12/07
http://www.forbes.com/markets/feeds/afx/2007/12/05/afx4406671.html


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