Kathleen Lynch (Cork North Central, Labour)
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Question 201: To ask the Minister for Finance the excise increases that would arise from a carbon tax set at €20 per tonne of CO2 equivalent emitted and €25 per tonne of CO2 equivalent emitted on quantities of fuels (details supplied); and if he will make a statement on the matter. [11688/09]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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As the Deputy will be aware the issue of a carbon tax is being considered by the Commission on Taxation. The Commission is due to report by September 2009 at the latest.

The precise design of the carbon tax has yet to be determined, however, based on the carbon intensity of the products listed the broad level of excise increases, inclusive of VAT, that would arise from applying a carbon tax at the rates specified to such products are set out in a table. It should be noted that in the case of electricity, the carbon intensity of this product is already taken into account at a generator level under the European Emissions Trading system.