Dáil debates

Wednesday, 10 February 2010

Finance Bill 2010: Second Stage (Resumed)

 

5:00 pm

Photo of Ciarán CuffeCiarán Cuffe (Dún Laoghaire, Green Party)

Our electricity utility companies are part of the emissions trading scheme, the Europe-wide scheme to reduce emissions. A carbon levy in Ireland will have a similar effect by putting a charge on certain fuels, such as petrol or home heating oil, proportionate to the amount of carbon dioxide that is produced when the fuel is burnt. The more carbon the fuels contain, the greater the charge.

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