Terence Flanagan
Question:74. Deputy Terence Flanagan asked the Minister for Finance if he will confirm where the money collected through the carbon tax is spent; and if he will make a statement on the matter. [22802/14]
View answerDáil Éireann Debate, Tuesday - 27 May 2014
74. Deputy Terence Flanagan asked the Minister for Finance if he will confirm where the money collected through the carbon tax is spent; and if he will make a statement on the matter. [22802/14]
View answerThe Deputy will be aware that, in general, I am opposed to the hypothecation of revenue funds as it reduces the flexibility of the Government to prioritise and allocate funds as deemed necessary at a particular time. However the Deputy will be aware that Exchequer funding has been used, among other things, to boost energy efficiency (for example the Better Energy Warmer Homes Scheme), support rural transport and alleviate fuel poverty (through the National Fuel Scheme).