Dáil Éireann Debate, Wednesday - 17 February 2021
1027. Deputy Peadar Tóibín asked the Minister for Agriculture, Food and the Marine the way in which the carbon tax being charged on agriculture is being spent (details supplied); and if he will ensure that farmers have an alternative in order to reduce exposure to carbon taxes,as otherwise the tax is purely punitive. [8656/21]
View answerTaxation policy is primarily the responsibility of my colleague the Minister for Finance.
The Minister for Finance announced in Budget 2021 that the carbon tax will be increased by €7.50 a tonne in 2021. All of the resulting revenues raised will be allocated in line with the Programme for Government commitment to use increases in the carbon tax.
DAFM received €23m from Carbon Tax proceeds for Budget 2021, which is a significant increase on the allocation for 2020. This funding will be utilised for agri-environment actions supporting the agri-sector in achieving its environmental commitments.
