Leo Varadkar (Dublin West, Fine Gael)
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Question 76: To ask the Minister for Finance the expected revenue in a full year for the Exchequer from the auctioning of carbon allowances post 2012; and if he will make a statement on the matter. [43455/10]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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Based on the current state of knowledge and data as supplied by the EPA we can estimate the State allowances as follows: 000's

As with any market based instrument it is difficult to say conclusively what the revenues will be. There is considerable uncertainty around predicting a future carbon price. Assuming a price of €15 a tonne (a price similar to the current price of carbon on the European Climate Exchange), then the yield from the allowances could be as follows:

Possible Yield (€m)