Carbon taxes have been the “key policy lever” to disincentivize the use of fossil fuels in Ireland, according to a finance official.
Ireland’s carbon tax has been “the cornerstone of our climate policy over the past number of years,” Clare Costello, the assistant secretary at Ireland’s finance ministry, said Friday at the Irish Tax Institute’s Global Tax Policy Conference in Dublin
She primarily highlighted the country’s initial tax on petrol and diesel since 2009, which was extended to other liquid fuels and natural gas in 2010, and solid fuels in 2013.
The government announced a phased increase of ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.