Oireachtas Joint and Select Committees

Tuesday, 18 June 2019

Committee on Budgetary Oversight

Budgetary and Fiscal Implications of Climate Change: Discussion

Professor John FitzGerald:

In the statement I specifically said that the public expenditure code values the price of carbon emitted next year at €80 per tonne, rising to €260. The buses will be around for 20 years. Based on the amount of damage they will do to the climate over that period and applying the public expenditure code, we would not be buying those kinds of buses.

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