Thursday, 26 September 2019

Ceisteanna (73)

Catherine Murphy

Ceist:

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]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Finance)

The 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.