Not a word mentioned of any efforts or innovations to encourage alt-fuel use by codifying taxation methods and amounts, even though a big point of the whole exercise is to meet CO2 objectives.
http://biz.yahoo.com/djus/031027/1250001232_2.html Dow Jones Business News EU Ministers Agree Minimum Rates For Energy Taxes Monday October 27, 12:50 pm ET BRUSSELS -(Dow Jones)- European Union (News - Websites) environment ministers Monday agreed on a plan to introduce minimum energy tax rates - though keeping many exemptions. The new law ends six years of wrangling. Its goal is to encourage countries to cut their carbon dioxide emissions, blamed for global warming, and to eliminate competitive distortions arising from the E.U.'s patchwork of different taxes. ADVERTISEMENT France, for example, taxes diesel less than gasoline for cars, while Germany favors coal to generate electricity. In order to prevent such distortions, the legislation sets minimum tax levels on coal, natural gas and electricity.
