The New York Times
March 24, 2010
After months of political rancor and legal obstacles, the French government on Tuesday shelved its plan to introduce a tax on carbon emissions that had been a cornerstone of President Nicolas Sarkozy’s enviromental policy.
Ministers and members of the governing UMP party said the tax would put French companies at a disadvantage to their European neighbors, most of whom do not pay anything similar.
But analysts said the drubbing handed to the center-right government on Sunday in regional elections brought the U-turn from Mr. Sarkozy.
This article was posted: Wednesday, March 24, 2010 at 8:58 am