Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

When the Deputy refers to the views of experts, I will quote back to him the Climate Change Advisory Council, which refers to a rise in carbon tax as an essential component of achieving decarbonisation. That was the recommendation and view of the panel whose job it is to advise all of us on the kind of change we need in responding to the challenge of climate change. The Citizens' Assembly reached a similar view. The Deputy made reference to the view of the ESRI. I am well aware of the opinions it has put forward regarding the income effects of carbon tax. Reports from institutions like the ESRI have also contended that a change in the price of carbon is a way in which we will be able to change behaviour and make the kind of long-term changes that are needed for our economy to respond to climate change and for citizens to be protected when that happens. I am aware of the income effects for lower-income citizens. If, therefore, a move on carbon is made, I will be looking at how we can respond to that particular issue. I am committed to this being a ring-fenced fund. I am looking at ways in which I can give confidence to the House and to the people that it will happen if we do make a move on carbon taxation.

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