Oireachtas Joint and Select Committees
Wednesday, 29 March 2023
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance Bill 2023: Committee Stage
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
There is no legal impediment to reducing the level of mineral oil tax on home heating oil, which is colloquially called carbon tax. The €57 million by which we would be reducing the cost to individuals of heating their homes could be obtained from any other source of revenue. The argument put forward is that if this is done, it will take away from investment available for energy transition. However, that position is not hypothecated in law.
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