Martin Heydon (Kildare South, Fine Gael) | Oireachtas source

I am sorry I missed the earlier part of the meeting. I was discussing heritage, which is also important, at the meeting taking place next door. Do the Department of Finance officials have any plans for the long-term macro-analysis of the tax system? Are they looking at stabilisation within the system, such as by using tax to enable the transition to a low-carbon economy? Currently, we tax fossil fuels heavily and do not tax EVs. What is the timeframe for taxing EVs as revenues from fossil fuels decrease? The revenue from fuel is significant. Has the Department considered a carbon price floor for electricity, as has been done in the UK?