Written answers
Tuesday, 23 July 2024
Department of An Taoiseach
Departmental Data
Paul Murphy (Dublin South West, RISE)
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1.To ask the Taoiseach to provide a breakdown of the estimated annual cost of direct and indirect fossil fuel subsidies. [32954/24]
Hildegarde Naughton (Galway West, Fine Gael)
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Fossil fuel subsidies were estimated at €2.9 billion in 2021. Direct fossil fuel subsidies were €0.3 billion in 2021 (10% of the total) while indirect subsidies arising from revenue forgone such as tax expenditures were €2.6 billion (90% of the total).
Fossil Fuel Subsidies by Type, 2012-2021 | € billion | € billion | € billion |
---|---|---|---|
Year | Direct Subsidies | Indirect Subsidies | Total Fossil Fuel Subsidies |
2012 | 0.4 | 2.4 | 2.8 |
2013 | 0.4 | 2.3 | 2.7 |
2014 | 0.5 | 2.5 | 2.9 |
2015 | 0.4 | 2.5 | 2.9 |
2016 | 0.4 | 2.5 | 2.9 |
2017 | 0.4 | 2.7 | 3.0 |
2018 | 0.3 | 3.0 | 3.3 |
2019 | 0.3 | 2.9 | 3.2 |
2020 | 0.3 | 2.2 | 2.5 |
2021 | 0.3 | 2.6 | 2.9 |
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