Oireachtas Joint and Select Committees

Tuesday, 5 November 2019

Public Accounts Committee

2018 Annual Report of the Accounts of the Public Services
Chapter 9 - Greenhouse Gas-Related Financial Transactions: Discussion

7:30 pm

Photo of Catherine MurphyCatherine Murphy (Kildare North, Social Democrats) | Oireachtas source

I thank the witnesses for their reports. There has been a carbon tax in Ireland since 2010, but until next year it will have never stood alone. Instead the revenue raised has been included in central funds. It has been announced that from next year the revenued raised by way of the increase in the carbon tax, as opposed to the full amount, will be ring-fenced. Is there any relationship between using carbon tax revenue wholly and demonstrably for climate change purposes and changes in behaviour? Is there any such information available? How can channelling the revenue into central funds help to change behaviour, or can it?

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