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As oil prices rise, France suggests extra tax could help phase out fossil fuels

Haitian Globe
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April 2, 2026
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1 min read
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As oil prices rise, France suggests extra tax could help phase out fossil fuels

As the war in the Middle East drives up prices of petrol and gas, France wants to use additional tax revenue generated to fund the country’s move away from fossil fuels – but some analysts say any extra returns are offset by rising costs and inflation.

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