France calls for carbon tax on bunkers

Paul Gunton

Paul Gunton · 17 October 2019

ShipInsight


A report in Reuters says that France is pushing the EU to tax ship and aircraft fuel as part of a drive to rein in carbon emissions.

According to Reuters, French Finance Minister Bruno Le Maire said this week that the tax would complement plans supported by France and Germany for a carbon border tax that would shield European companies from competition from countries with lower emissions standards.

EU

“It’s incomprehensible that carbon emissions targets were set for cars and not for airplanes and ships. We propose that work is done on a European tax on airplane and ship fuel,” Le Maire told a conference at the finance ministry.

To subscribe to the daily news email as well as other content updates from ShipInsight click here.

He said France would also review its public export guarantees in line with Paris’ commitment to stop financing projects that increase the growth of carbons emissions. The 2020 budget bill bans the French state from providing any financing for projects involving coal.

Recommended
The Journal

Published every February the journal is now recognised as the highest quality publication that covers all aspects of maritime technology and regulation and a must read for the industry.

More Details

What's trending in 2019