France to offer zero-pct loans for home energy efficiency: ministry sources

0 Comments | AFP, September, 2008

PARIS (AFP) — France will offer interest-free loans from next January 1 to encourage energy efficiency in the home, government sources said on Tuesday.

The loans can be used for thermal insulation and heating systems, with a ceiling of 30,000 euros (43,500 dollars), ecology ministry officials said, confirming a report in the financial daily Les Echos.

The measure, whose details have yet to be hammered out, is the latest in a series of initiatives by France to lower its bill for imported energy and its emissions of greenhouse gases.

Previous moves include a bonus system for cars in which taxes are increased or lowered according to the vehicle's carbon pollution. The system is shortly to be extended to televisions, light bulbs and other household gadgets....

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