Written answers

Thursday, 26 September 2019

Photo of Catherine MurphyCatherine Murphy (Kildare North, Social Democrats)
Link to this: Individually | In context | Oireachtas source

73. To ask the Minister for Finance the amount collected to date in carbon tax; the methods of dispersing the revenue generated from the tax; the purposes for which the revenue collected from the tax has been used for the past five years; and if he will make a statement on the matter. [39251/19]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source

The total annual net receipts from carbon tax are set out in the following table.

YearTotal Net Receipts
2010223,084,537
2011298,231,058
2012353,954,210
2013388,376,990
2014385,361,885
2015418,996,237
2016430,247,558
2017419,603,362
2018431,131,923
Total3,348,987,760

Carbon tax receipts to end August 2019 were approximately €281,800,000, some €20 million (6.8%) behind forecast.

To date the revenue from carbon tax has been remitted to the central fund and therefore used to fund public services.

Comments

No comments

Log in or join to post a public comment.