The French government’s proposal to finance a rebate on gas-sipping cars with a tax on gas-guzzling ones (discussed here) hit a roadblock yesterday: the plan was shelved after it ran into opposition from carmakers and conservative lawmakers.
That’s terrible news; not only would it have reduced fossil fuel emissions, it also would have set a fantastic precedent for wider use of such “feebates” in the rest of the world, as well as for other products besides cars. So now, some other region will have to take the lead. (Paging the Northwest…)
