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What 'Convention' offers to finance the ecological transition

The culmination of nine months of work. The 'Convention' for the climate presented this weekend his project to begin the ecological transition. Its 150 members have finally voted with a clean bill of 95% the report which was handed to the executive.

read also : 'Convention' for the climate: Macron toying with the idea of a referendum, multiple choice,

The final text proposes measures that are, for some, ambitious - and therefore expensive. For the fund, the 'Convention' was attached to the report which will be submitted to the president of the Republic of a "note of synthesis on the guidelines", which the journal Les Echoes revealed the major lines.

This text is composed of 78 tracks and ideas in which to draw. It remains unclear to what extent they will be taken into account. In effect, the government has expressed to the detriment of some of them.

Restoration of the wealth tax, tax on cannabis and advertising

citizens drawn at random propose the creation of a "tax ecological capital", or even a restoration of the tax on wealth (ISF). A track unlikely : Emmanuel Macron had removed himself this tax in the beginning of the mandate and replace it with a tax on the real estate asset (IFIS). The government has since ever considered handing them over to the taste of the day.

The Convention also proposes the creation of several taxes, for example on advertising or on cannabis legalized. Citizens also want to reinforce certain fees, notably those that apply to providers of digital services, or videos.

Finally, the 'Convention' suggests the strengthening of the financial transaction tax (FTT) which already exists in France. A project of the kind, but at the european level, is currently under study. He is greeted by Bruno The Mayor and would involve the purchase of shares of companies whose market capitalization exceeds one billion euros.

The carbon tax, high-absent

It is not mentioned among the 150 proposals of the 'Convention', nor even in the "briefing note" that accompanies it: the carbon tax, of which the increase had put fire to the powder, and given rise to the crisis of the "yellow vests", simply has not been retained in the bouquet of measures.

The government was, however, hope that this measure is not viewed favorably by the citizens : in October last, the secretary of State for the ecological Transition Emmanuelle Wargon believed that"we will not make[it] not the economy of this debate in the 'Convention', to find out if the carbon tax makes sense and how". The government then resolved not to force their hand. Emmanuel Macron has reassured the members of the Convention in January: "You're not there to be used," he said.

This morning (Monday), Jean-Pierre Clamadieu, CEO of Engie said with the absence of the carbon tax, "a lack which jumps to the eyes".

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