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
Seán Fleming (Laois, Fianna Fail) | Oireachtas source
That comes to €570 million collected in respect of carbon. The Committee of Public Accounts has a simple question. Where did that €570 million go? I do not think Mr. Carroll has the answer to that. That is probably why we are here. As I see it, an extra €90 million is to be raised next year. That will bring it well over €500 million. All that the Department has to offer is that it will not be a hypothecated tax. Will it still go into the Exchequer? Is there proposed legislation to change the current position?
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