2018 carbon trajectory: higher TICPE rates and alignment of diesel and petrol taxation
Article 16 of the 2018 Finance Act sets the domestic consumption taxes on energy products (TICPE, TICGN, TICC) for 2018 to 2022. The carbon component rises from €30.50 to €44.60 per tonne of CO2 in 2018, with a planned path to €86.20 in 2022, and the diesel rate is raised by 2.6 cents per litre per year on top of the carbon component to match petrol by 2021. The 2019-2022 steps were later removed by the 2019 Finance Act; the 2018 rates remained in force.
Measure originators
A positive amount is revenue or savings for public finances; a negative amount is a cost or lost revenue.
Measure impact
On 1 January 2018, the TICPE on diesel rises from 53.07 to 59.40 cents per litre (+6.33 cents) and the tax on SP95-E10 and SP95-E5 petrol rises by 3.22 cents per litre. Natural gas and coal rates also increase. LPG fuel follows the new rate from 1 April 2018. All consumers of motor fuels, heating oil and natural gas are affected.
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
President of the Republic signature
Publication au Journal officiel
Possible referral to Constitutional Council
Décision de conformité / censure partielle
National Assembly has the final say
Si échec CMP
Debate and vote
Debate and vote
Débat et vote en séance publique à l'Assemblée nationale, ou engagement de la responsabilité du Gouvernement (article 49.3)
Council of Ministers
Validation interne