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Cheese eating surrender monkeys march backwards on carbon tax

Carbon Tax

The Cheese eating surrender monkeys are marching backwards on carbon tax.

The French government is set to drop plans to introduce a carbon tax, French financial daily Les Echos said on Thursday.

The newspaper, quoting several sources, said the socialist government will not include the carbon tax in a draft 2016 budget update currently being discussed.

Environment Minister Segolene Royal had said in May that France would unilaterally introduce a carbon price floor of about 30 euros ($33) a tonne with a view to kickstart broader European action to cut emissions and drive forward the December 2015 United Nations-led international climate accord.

The plan had pushed power prices higher in the spring.

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