France to increase the tax on environmentally friendly cars to 20,000 euros

The French Parliament finally approved an increase in the tax on air polluting cars from 12,500 to 20,000 euros. This amount will have to be paid for a car that emits more than 212 grams of carbon dioxide per kilometer – powerful crossovers and sports cars will be on the list. The decision will enter into force next year, along with the tightening of European environmental standards.

The French automobile association Plateforme de la Filière Automobile (PFA) immediately sharply criticized the parliament’s decision. According to the head of the organization, Luke Chatel, the adopted amendments to the budget “will result in double taxes for consumers”, and the policy in relation to reducing the level of harmful emissions does not look consistent.

In particular, it is not clear why the government plans to gradually reduce benefits for buyers of cars with zero emissions. Chatel believes that the development of electric vehicles needs strong incentives to buy, but everyone will suffer from such actions – the industry, the environment, and the purchasing power of the population.

An emission tax of 20,000 euros (1.4 million rubles at the current rate) will have to pay the owner of a full-sized crossover like the BMW X5. According to the manufacturer, the X5 xDrive50i modification emits up to 264 grams of CO₂ per kilometer.

However, the French Ministry of Finance has its own plan. The ministry estimates that the “emission tax” for the year will provide the budget with an increase of 50 million euros. These funds are planned to be used to “transform the industry” and help automakers experiencing difficulties in launching environmentally friendly models. The head of the Ministry of Finance, Bruno Le Mer, also urges car manufacturers to warn buyers of crossovers about their harmful effects on the environment.

At the same time, the country’s government is also considering reducing the state subsidy for the purchase of electric cars and hydrogen cars.

In 2020, when buying a car at a price of less than 45 thousand euros, the buyer will receive a discount of six thousand euros; worth from 45 to 60 thousand euros – 3000 euros; subsidies are not provided for more expensive cars, exceptions are only commercial vehicles. In 2021, the maximum deduction amount will be reduced to five, and a year later, to four thousand euros. This is due to the expectation of lower prices for electric vehicles.

A source: Bloomberg

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