In May, French Minister of Ecology, Sustainable Development and Energy Segolene Royal announced her intention to implement a domestic carbon price floor for the French power sector from the beginning of next year. The measure seems to be modelled after the “top-up” carbon tax in the UK. It would ensure that French power producers pay a minimum carbon price of €30/tCO2 – according to currently available information – by charging a tax on fossil fuels used for power generation. The new policy would tax fuels at a level that bridges the difference between the price floor and the carbon price generated by the EU ETS (EUA).