France Updates Penalties And Incentives On New Car CO2 Emissions
To further encourage French drivers to practice eco-consciousness, France’s minister of industry announced a plan to update the CO2 emission points system for new cars.
New cars sold in France are categorized into four tiers. The revision will provide a scaled reward system for vehicles that emit 104 grams of CO2 per kilometer or less. Vehicles that emit 91 to 103 grams of CO2 per kilometer will receive a small gift of 100€ ($137) while vehicles that emit 50 grams per kilo earn 5,000€ ($6,800). Neutral cars fall between 105 to 140 grams per kilometer and are neither rewarded nor penalized. However, cars that emit more than 140 grams per kilometer face a penalty of up to 3,600€ ($5,000). Finally, if a car emits more than 190 grams of CO2 per kilometer, than an extra annual fee of 160€ ($220) will be in place.
By setting up this system of incentives and penalties, France hopes to encourage buyers to choose cleaner cars. This system will take effect January 1st, 2012.
[Source: LeftLane]
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