From 2024 to 2028, France's forecasted tax expenditure on coal, expressed as a percentage of GDP, shows a steady increase, rising from 0.015% in 2024 to 0.019% in 2028. The consistent growth rate indicates a gradual emphasis on this expenditure, reflective of either persistent coal usage or rising subsidies to manage coal phase-out efforts. With year-on-year increments of 0.001% GDP, the compound annual growth rate (CAGR) for this period will give a consistent picture of approximately 6.2% per annum.
Future trends to watch for include shifts in policy regarding coal usage, as France strives to meet environmental targets. There's a potential for a reduction in tax expenditures on coal if renewable energy adoption accelerates, driven by policy changes or technological advancements.
