Dáil debates

Wednesday, 9 December 2009

Financial Resolution No. 2: Excise (Mineral Oil)

 

As carbon dioxide emissions from certain industrial sectors are already regulated under the EU emissions trading scheme, a relief from the carbon tax charge is proposed for energy products used in installations that are covered by a greenhouse gas emissions permit. The yield from carbon tax for all energy products is expected to be approximately €250 million in 2010, and €330 million in a full year. The impact on the CPI is estimated at around 0.25% in 2010 and approximately 0.35% in a full year.

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