Topics to impress this week. 1. Macron makes tax move France will propose a tax on luxury yachts, supercars and expensive jewellery in its 2018 budget. President Emmanuel Macron cemented his reputation as a "president of the rich" when he scrapped the country’s wealth tax, which was introduced in the 1980s to target those with assets above €1.3m. His administration says the new tax targets luxury goods that do not contribute to a productive economy. The previous tax, it says, deterred investment by driving millionaires abroad. 2. Blame gassy cows Global concentrations of greenhouse gases have been rising for more than a decade. A new study suggests the spike can be traced back to gas production — from livestock, not fossil fuels. Revised calculations of methane produced show that livestock emissions in 2011 were 11% higher than estimates based on data from the UN Intergovernmental Panel on Climate Change. Cows aren’t the biggest source of methane — the oil and gas industry is — but ...
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