France Seeks German Support for Carbon Emissions Floor Price
- Nation plans 30-euro domestic rate, five times EU permit price
- Measure to be included in finance bill for next year
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French Environment and Energy Minister Segolene Royal plans a domestic floor price for carbon of about five times the current European level and hopes Germany and other European nations will follow.
“The idea is that we decide on it together with Germany, and that we create a momentum for other European countries,” Royal said Tuesday in an interview in Paris. The price, about 30 euros ($34) a ton, will be included in the finance bill for next year, she said.