Michael McGrath (Cork South Central, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

As the Deputy will be aware, Progress Reports on the Climate Action Plans are prepared by the Department of the Taoiseach and published each quarter. Quarterly progress reports are available online at : www.gov.ie/en/publication/55fde-climate-action-important-publications/

Environmental reforms to the taxation system are considered as part of the annual budgetary cycle.Background detail and policy options were published in the Tax Strategy Group Paper on Climate Action and Tax 23-07 : www.gov.ie/en/collection/4f3cf-budget-2024-tax-strategy-group-papers/

The Green Budgeting analysis, published during Budget 2024, documents the impact of budgetary measures and wider fiscal policy on the transition to a more sustainable and climate friendly economy. www.gov.ie/pdf/?file=https://assets.gov.ie/273351/2f574eb9-1a27-4a1a-a6a7-6c41d3d6f937.pdf#page=36

The Deputy will find that a broad suite of measures have been taken in the taxation system such as incentivising zero emission vehicles through Vehicle Registration Tax, Motor Tax and Benefit-in-Kind, accelerated capital allowances for energy efficient equipment, increases in carbon tax, tax reliefs for biofuels, reduced VAT for solar panel installation etc.