Oireachtas Joint and Select Committees

Wednesday, 14 November 2018

Joint Oireachtas Committee on Climate Action

Third Report of the Citizens' Assembly: Discussion (Resumed)

1:59 pm

Mr. Ken Cleary:

Just a point of clarification, the figure of €32 per tonne is the figure for 2020. The figure for 2030 is €100, rising to €265 by 2050. We have an entire range of figures and put an estimate for each year into the public spending code now based on the new mechanism for calculating the cost of carbon, which as Mr. Watt said will be based on the estimated cost of reaching our climate targets. We have come up with those figures, based on the modelling work that was done for the national mitigation plan by the technical research and modelling group.