Introduction of a carbon component in domestic consumption taxes on natural gas and coal
The 2014 Finance Act gradually built into the domestic consumption taxes on fossil fuels a component proportional to carbon dioxide content, based on a value of €7 per tonne of CO2 in 2014, €14.5 in 2015 and €22 in 2016. In 2014 only the products taxed least relative to their carbon content saw their rates rise: the tax on natural gas used as fuel went to €1.41/MWh (€2.93 in 2015, €4.45 in 2016) and on coal to €2.29/MWh (€4.75 in 2015, €7.21 in 2016), as well as heavy fuel oil. Motor fuels and heating oil were concerned from 2015.
Measure originators
A positive amount is revenue or savings for public finances; a negative amount is a cost or lost revenue.
Measure impact
The increase affects households and companies heating or producing with natural gas and coal. The Government expected a yield of 340 million euros in 2014, 2.5 billion euros in 2015 and 4 billion euros in 2016.
Official references
Sources
Procedure timeline
Follow the progress of this fiscal measure through the different stages of the parliamentary procedure.
Administrative implementation
Entrée en vigueur de la mesure et mise en œuvre par l'administration
Possible referral to Constitutional Council
Décision de conformité / censure partielle
President of the Republic signature
Publication au Journal officiel
Council of Ministers
Validation interne