French Environment and Energy Minister Nicolas Hulot has give details on the government’s plans new tax measures and government subsidies who aim to improve France’s clean energy plan.
The proposals who will be included in the Finance Bill for 2018 were revealed in an interview. They include improved subsidies for households installing better insulation and more efficient heating systems as well as for those exchangeing petrol- or diesel-powered cars for newer, cleaner models, including hybrids and electric-powered cars.
In addition, an existing EUR500 (USD600) to EUR1,000 scrappage scheme for car owners willing to change their old cars into cleaner models will be extended to all car owners, regardless of income.
This new tax plan confirms the position of France on clean energy and efforts, in opposition with America’s recent pull out of the Paris Agreement, and is in cohesion with president Emmanuel Macron’s invitation to all green energy orientated companies to come do business in France.