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Ireland leads the way with CO2 tax

Posted by eurotopics on Dec 16th, 2009 and filed under Economy. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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Ireland has introduced a CO2 tax.

This is proof that the battle against climate change is a top priority for the Irish government, leader of the Irish Greens John Gormley writes in the conservative newspaper The Evening Herald:

“Every euro we spend on petrol, oil, gas or coal means money leaving this island, because we import the vast bulk of our fossil fuels. So if we reduce energy consumption or replace it with renewable energy produced at home, we will make Ireland more competitive and keep more cash in the economy.

In last week’s Budget, we introduced a carbon tax with this in mind. The aim of the levy is similar to that of the plastic bag tax. We want to encourage people to use less fossil fuels. We are also going to use that money to invest 130 million euros in insulating thousands of homes across the country.”

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