Pa Daly
Ceist:295. Deputy Pa Daly asked the Minister for Finance to provide a breakdown of the revenue earned from the carbon tax increase in each of the years since the measure was introduced broken, in tabular form. [31587/25]
Amharc ar fhreagraDáil Éireann Debate, Thursday - 12 June 2025
295. Deputy Pa Daly asked the Minister for Finance to provide a breakdown of the revenue earned from the carbon tax increase in each of the years since the measure was introduced broken, in tabular form. [31587/25]
Amharc ar fhreagraIn September 2024, my Department published a Carbon Tax Projected Exchequer Revenue Estimates 2024-2030 paper. This paper examines trends in carbon tax exchequer yields in Ireland over the last decade, and provides forward projected estimates of carbon tax yields over the next six years to 2030.
This paper is available on my Department's website: www.gov.ie/en/publication/8e2d0-carbon-tax-projected-exchequer-revenue-estimates-2024-2030/. Additional annual revenue raised from Carbon Tax rate increases in each of the years from 2020-2023 and estimated projected additional revenue raised in each of the years between 2024-2030 is outlined on page 14 (Annex 4). Annex 4 refers to revenue accruing from increases above the baseline rate of €20 per tonne of Carbon Dioxide. The Department is currently working on updated analysis which will be published in the coming months.
Overall revenue raised from the carbon tax broken down by commodity on an annual basis between 2010 and 2024 is available on the Revenue website : www.revenue.ie/en/corporate/information-about-revenue/statistics/excise/breakdown/excise-receipts-commodity.aspx