Oireachtas Joint and Select Committees

Wednesday, 25 September 2019

Joint Oireachtas Committee on Climate Action

Carbon Tax: Discussion

Mr. Robert Deegan:

The engagement with the Departments of Finance, and Public Expenditure and Reform has been on how the revenue could be recycled. That will mitigate any impact of the carbon tax on people living in fuel poverty. It would be very much us advocating for particular interventions to be made using the carbon tax revenue. It is very difficult to measure the impact of the carbon tax without taking in to account the ameliorating measures that would be brought in, as the Taoiseach has mentioned in recent days, of how the revenue will be hypothecated and how it will be used to protect people from the potential negative impacts of an increase in carbon tax. As Mr. Kenny has said, the focus of the Department of Finance is on generating the revenue, but we have had discussions with the Departments of Public Expenditure and Reform and Finance on how that money can best be spent.

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