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Tuesday, September 08, 2009

Irish Government Moves to Impose Carbon Tax

The Commission on Taxation has recommended the introduction of a carbon tax to help cut Ireland’s greenhouse gas emissions.

In a report published this morning, the commission said this tax should apply to all carbon-based fuels sold for use in Ireland and should be based on the tonnes of CO2 emitted by each fuel. It said the tax could raise €500 million per year.

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