Oireachtas Joint and Select Committees
Wednesday, 10 October 2018
Joint Oireachtas Committee on Climate Action
Third Report of the Citizens' Assembly: Discussion (Resumed)
2:00 pm
Mr. Seán Armstrong:
We did a cost-optimal study and took our forecasts from the SEAI 15-year forecast of the cost of carbon. It starts off at around €20 per tonne and increases year on year. We applied 2% sensitivity to it by increasing it by that amount year on year. At the end of 30 years that meant an increase of 60%.