Oireachtas Joint and Select Committees

Thursday, 21 November 2019

Public Accounts Committee

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

9:00 am

Mr. Brian Carroll:

The Government has committed that all increases in carbon tax will be allocated to climate action. On budget day, the estimate was that over the period to 2030, that would amount to an additional €5 billion. That is a very significant increase in expenditure over and above what is in the national development plan in the period out to 2030.

I will come back to carbon tax. A point I wanted to come back to was in terms of helping those who are poorer in the transition. We have a warmer homes scheme for people on lower incomes and that funds 100% of the retrofit in homes of people who are poor. It as a scheme run by the Sustainable Energy Authority of Ireland.

Comments

No comments

Log in or join to post a public comment.