Tax aviation and roads to fund french rail upgrades, says sncf boss

Tax aviation and roads to fund french rail upgrades, says sncf boss


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FRANCE WANTS TO INVEST €100 BILLION TO IMPROVE ITS RAILWAY NETWORK. BUT THERE ARE QUESTIONS MARKS OVER WHERE THE FUNDING IS GOING TO COME FROM The head of France’s state-owned railway


company SNCF has suggested taxes on air and road transport to fund improvements to modernise and renew the country’s train network. In February, Prime Minister Élisabeth Borne announced a


plan to invest €100bn in France’s railways between now and 2040. The operator’s CEO Jean-Pierre Farandou told parliament on Wednesday (April 12) that France must call on all available


sources to fund the improvements. He said taxes from transport “with the most negative impact on the environment” could in part “be used to fund the railways”. “I am thinking of the aviation


[sector], I am thinking of heavy goods vehicles and we also have motorways which are a significant source of funding”. READ ALSO: MACRON ANNOUNCES RER COMMUTER TRAIN PROJECT FOR 10 FRENCH


CITIES READ ALSO: STRIKES, EUROSTAR OFFER, BRITTANY FERRIES: EIGHT FRENCH TRAVEL UPDATES Mr Farandou said “new European taxation on carbon quotas” could also help increase annual investment


from its current “insufficient” €2.8 billion to €4 billion. He added this hike would “keep the whole network in a good state”. He also asked for a “multi-year” funding law to guarantee the


investment that Ms Borne promised in February. READ ALSO: TRAIN TICKET PRICES IN FRANCE COULD GO UP FOR A SECOND TIME THIS YEAR The plan announced by Ms Borne in February aims to modernise


the network, which she said would result in “more trains, increased punctuality, and shorter train journeys”. The funding is part of her future transport plan which would see further


development of everyday transport and making the network carbon neutral. > 🔴 DIRECT 🗣"Depuis bientôt 6 ans, nous avons suivi deux > orientations majeures. La première c'est 


le développement des > transports du quotidien. La seconde ambition, c'est la > décarbonation." >  > Elisabeth Borne présente les contours du plan d'avenir pour 


les > transports. pic.twitter.com/FwHKpuBHgm > — franceinfo (@franceinfo) February 24, 2023 The flagship project is regional express train services, including the RER urban train


services promised by President Emmanuel Macron. While part of the funding for these networks will come from the government’s promised €100 billion, local authorities are also set to


contribute. The aim is to have trains “every 15 minutes,” said Mr Farandou, to “irrigate” large cities. The SNCF will also give funding in line with “its real but limited ability to pay,”


with one “red line: not to once again fall into a deficit”. RELATED ARTICLES SUPER-FAST AND AUTONOMOUS, FRANCE’S SNCF EYES TRAINS OF THE FUTURE 40 YEARS OF TGV: THE TRAIN THAT CHANGED THE


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