Carbon taxes and renewables on the grid to increase

KCross

https://www.irishexaminer.com/breakingnews/ireland/carbon-taxes-to-see-fuel-and-energy-bills-soar-913041.html


Tax...

"A fourfold increase in carbon taxes is “on the table” for the forthcoming budget, Taoiseach Leo Varadkar has declared."

Grid....

"He was speaking as Mr Bruton raised the target from 55% to 70% for the amount of electricity generated from renewable sources by 2030 but admitted this ambitious goal will need to be funded."

Its probably kite flying at this stage as the budget is so far out but it seems inevitable to me it will happen gradually over the next 10 years anyway regardless of whether you believe in EV's or climate change or anything else.


Does anyone know how much carbon tax is on a litre of petrol/diesel at the moment. Its €20/tonne but how does that equate to a litre?

unkel

70% by 2030 doesn't look that ambitious to me. Double the wind that we have, approve all those commercial PV farms and set a FIT for microgeneration (to maybe 10c/kWh) - every house will be plastered with PV panels like in the Netherlands / Germany - and Bob's your uncle. All private sector so zero capital investments needed.

This will force the wholesale price of electricity up, which can be funded by a hefty increase in the carbon taxes on fossil fuels, while decreasing the taxes on the ever cleaner electricity provided

KCross

KCross wrote: »

Does anyone know how much carbon tax is on a litre of petrol/diesel at the moment. Its €20/tonne but how does that equate to a litre?

To answer my own question.... a pre-budget article had this....

"The current carbon charge of €20 per tonne adds 5.3c per litre to the cost of diesel, increasing the carbon tax to €30 would result in a price hike of 2.65c per litre for 2019 rising to an extra 15.9c per litre by 2030. Vat is chargeable on top of these price hikes."

Vat on top of those..... thats a big increase if that comes to pass.

It is a big increase for struggling families who have no choice but to drive and some drive long distances, if both are commuting that's a lot of
money leaving the household. But ministers who can get paid per Km do not understand or care but it's a real issue.

Heating oil, Gas are other essential energy sources that should not see any price hikes until proper alternatives are available.

I am all for eliminating fossil fuels but not at the cost of families that are on the bread line. It's a disgrace.

Not everyone can afford new electric cars or to insulate their homes and install heat pumps and install solar PV to power this setup. So until the cost of this technology comes to an affordable point we should resist energy hikes and I don't care whether it's in the name of climate change or not. Ireland's impact on the planet is minuscule to say the least even with cow farts in the equation.

The Government think they can introduce taxes left right and centre and we will just keep on taking it and hide use climate change to hide their real goal which is to extract more and more tax.

KCross

I believe the plan is to introduce it like they discussed in Canada, with a rebate system.
https://www.irishtimes.com/news/crime-and-law/courts/high-court/varadkar-to-consider-carbon-cheque-to-compensate-for-tax-1.3746283

“You can either give everyone a carbon cheque in the post, you can do that by individual or by household, and you get that upfront. That’s designed to compensate you for the cost of the carbon.”
He said that those with low-carbon lifestyles would fare better under this plan.
“Those who use a lot of carbon don’t benefit as much, those who have low-carbon lifestyles benefit more.”

Whether that penalises the poor or not, I dont know until we see the fine detail. I dont think the govt would get away with a new tax that penalises the poor... ref water charges!

Well I hope people rebel against further carbon tax hikes because it is a lot of money for those who are struggling to pay bills as it is.

The Government may not understand or care but there are families who have to turn off the heating to save money and we should not tolerate this in a modern society.

There are also families who pay more for electricity because they have a pay as you go set up because they struggle to pay bills and put food on the table and there are a lot of families struggling and carbon tax adds huge but unnecessary burden on these families all in the name of climate change which is just an excuse for the Government to collect more revenue, lets just call it what it is, revenue.

Yes they may decide to give this back with a decent FIT which would be great but again, the families struggling are not going to afford solar PV.

So while you might take from the people who are not struggling you also take it from those who are and these unfortunates don't have the money to be able to get it back by installing solar pv or buying electric cars.

KCross

Deleted User wrote: »

Well I hope people rebel against further carbon tax hikes because it is a lot of money for those who are struggling to pay bills as it is.

The Government may not understand or care but there are families who have to turn off the heating to save money and we should not tolerate this in a modern society.

There are also families who pay more for electricity because they have a pay as you go set up because they struggle to pay bills and put food on the table and there are a lot of families struggling and carbon tax adds huge but unnecessary burden on these families all in the name of climate change which is just an excuse for the Government to collect more revenue, lets just call it what it is, revenue.

Yes they may decide to give this back with a decent FIT which would be great but again, the families struggling are not going to afford solar PV.

So while you might take from the people who are not struggling you also take it from those who are and these unfortunates don't have the money to be able to get it back by installing solar pv or buying electric cars.

Did you read the article I posted? The rebate has nothing to do with FiT.

KCross

KCross wrote: »

Did you read the article I posted? The rebate has nothing to do with FiT.

I didn't read it yet no, but I wasn't referring to the article , FIT was proposed out of increased carbon taxes.