Oireachtas Joint and Select Committees
Tuesday, 5 November 2019
Public Accounts Committee
2018 Annual Report of the Accounts of the Public Services
Chapter 9 - Greenhouse Gas-Related Financial Transactions: Discussion
7:30 pm
Dr. Miguel Tovar Reaños:
In the empirical literature carbon taxes have been shown to be the most cost-effective way of changing behaviour to reduce the consumption of polluting commodities. The literature also shows that the use of revenue raised through these taxes should be transparent in order that people will accept their imposition. These considerations should come together in the implementation of such a policy.