| "Le Tax Verte" - France pushes ahead Carbon Tax |
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2009-09-11 08:53:48 French President Nicolas Sarkozy on Thursday unveiled a new carbon tax to help combat global warming, calling it a "fiscal revolution" and overriding strong public opposition to the plan. The new levy on oil, gas and coal consumption by households and businesses will come into effect next year, making France the biggest economy yet to impose a straight-up carbon tax. Sarkozy set the new carbon tax at 17 euros (25 dollars) per tonne of carbon dioxide (CO2) and said it would be gradually increased to penalise only those who refuse to abandon their wasteful ways. 
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The fund in short
Save Earth Fund invests in renewable energy, environmental technology and water management through actively managed funds, ETFs and stocks. The fund is the only of its kind in Sweden. Our aim is to generate a return that clearly exceeds that of the MSCI World index, with a lower than the average risk of environmental funds. No minimum investment. The management fee is 1%. Daily subscriptions/redemptions. Mr Carl Bernadotte, Mr Alexander Jansson and Mr Marcus Grimfors are responsible for managing the fund. Learn more about our managers here. |