Ireland Could Implement Carbon Tax This Year
Irish Minister for Energy Eamon Ryan stated last week that his country should be prepared to implement a carbon tax later this year.
“The market, Irish householders and customers need a clear signal that we need to reduce our dependence on [fossil fuels] because ultimately they are finite and they are not going to be as easily available in 5 or 10 years time,” he said, adding, ”I think the mechanism whether it’s through a carbon tax or through such a thing as a floor price, that’s the detail that can be agreed”
Ryan also noted that in light of the Russia-Ukraine natural gas dispute, Ireland needs to develop its own access to natural gas rather than simply relying on the UK for its supplies.
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