Lifecycle
- Effective
- Last change
Country / jurisdiction: Ireland · Year: 2010 · Status: In force · Level: National · Type: Voluntary
Carbon Tax was introduced in 2009 and applies to supplies of mineral oils, solid fuels and natural gas on the basis of the carbon dioxide emitted on combustion. In line with 2020 Programme for Government policy approach, a carbon tax trajectory providing for annual increases in the rate up to €100 per tonne out to 2030 was introduced in Finance Act 2020. Revenue raised from increases in the carbon tax since the year 2020 is hypothecated and allocated for expenditure on climate action and the Just Transition. The rate increased to €56.00 per tonne on 11 October 2023 for autofuels and on 1 May 2024 for all other fuels within the scope of carbon tax.
Official source: https://www.irishstatutebook.ie/eli/2010/act/5/enacted/en/html
Source
https://www.iea.org/policies/1721Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.