Dáil Éireann Debate, Thursday - 26 September 2019
73. Deputy Catherine Murphy asked 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]
View answerThe total annual net receipts from carbon tax are set out in the following table.
|
Year |
Total Net Receipts |
|
€ |
|
|
2010 |
223,084,537 |
|
2011 |
298,231,058 |
|
2012 |
353,954,210 |
|
2013 |
388,376,990 |
|
2014 |
385,361,885 |
|
2015 |
418,996,237 |
|
2016 |
430,247,558 |
|
2017 |
419,603,362 |
|
2018 |
431,131,923 |
|
Total |
3,348,987,760 |
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.
