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
8:50 pm
Mr. Gerry Brady:
EUROSTAT will develop a data collection system. With it will come manuals and guidelines, followed by the UN sustainable development goals and the work being done by the OECD and the IMF. It will all come together in an international methodology. Whether the committee takes the approach of trying to cost the damage is to the environment, some countries might argue that the carbon tax should be €150 per tonne. Another approach would be to look at the cost of production, which would give a very different figure. Some of the debate on methodology still has to happen. If the excise rate for diesel was to be changed, if the rate was to be the same as that for petrol, the amount for auto diesel would be gone because there would be no difference in the-----