The French Grenelle de l’Environnement may not be as advanced as it should be, but one of its first part is already in place since January 1st. It is a huge success.

Since this date, if you buy a car in France you may be the subject of a price reduction or an additional tax on your car, depending on its carbon dioxide emissions, and thus its mileage.

This mechanism was created by the Ministry for Sustainable Development and Energy to promote the replacement of older cars by new efficient ones. Continue reading »