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Carbon Tax Yield

Dáil Éireann Debate, Tuesday - 12 June 2018

Tuesday, 12 June 2018

Ceisteanna (202, 203)

Catherine Connolly

Ceist:

202. Deputy Catherine Connolly asked the Minister for Finance his plans to increase the rate of carbon tax in the upcoming budget; and if he will make a statement on the matter. [24487/18]

Amharc ar fhreagra

Catherine Connolly

Ceist:

203. Deputy Catherine Connolly asked the Minister for Finance the amount of carbon tax collected each year since its introduction in 2010; and if he will make a statement on the matter. [24488/18]

Amharc ar fhreagra

Freagraí scríofa

I propose to take Questions Nos. 202 and 203 together.

It is the long standing practice of the Minister of Finance not to comment on any Budgetary decision which may or may not be taken in advance of the Budget.

I can however inform the Deputy that officials from my Department and the ESRI have undertaken a project, as part of a joint research programme, to examine a range of carbon price scenarios, their impact on national CO2 emissions as well as across production sectors of the economy and households. The research will be incorporated into the Energy and Environmental Tax Strategy Group Paper and could inform future policy developments in this area.

I am advised by Revenue that the carbon tax collected each year from 2010 to 2016 is available on the Revenue's statistics website at:

http://www.revenue.ie/en/corporate/documents/statistics/excise/net-receipts-by-commodity.pdf.

The carbon tax collected in 2017 is €419.6 million.

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