Oireachtas Joint and Select Committees

Tuesday, 17 September 2019

Committee on Budgetary Oversight

Pre-Budget Scrutiny: Minister for Finance

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

The tax strategy group published a paper during the summer that examined the issue to which the Deputy refers. We will have to make changes to VRT to align it with environmental performance. Due to the changes happening at European level, we are introducing real-time emissions testing. The paper was well received by the motor industry because it was clear. I will work on the issue in the next few weeks.

In response to Deputy Lahart, a 20% reduction of itself is still valuable and is still worth having. I am sure he would agree with that, but I believe that saving will improve over time. As the technology that is available to the motor industry continues to improve, the contribution that either hybrid or electric cars can make to our climate challenge will improve too. I am not just looking at measures for the vehicles that are available now. I am thinking about the vehicles that could be available in a few years.

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