Carbon Tax

amandstu

I heard there was talk of this being increased considerably over the coming period.

What ramifications will this have in the economy ?

(I am all for it but wonder how it will play out)

Harry Palmr

Reckoned to be 500m though probably not due as a single payment. It's a tax on stupidity so we may be subject to more than one. There is little evidence to show government policy is being influenced by the fines. The effect on the economy ought to be to rebalance the energy mix. Half a billion is a lot but it'll have little negative impact in terms of the bottom line.

Infini

I'm personally of the view that a "Carbon Tax" is just an excuse to extract money from people nothing more nothing less. I'm not ignoring the environmental issue's either but something like this should only be happening once environmentally friendly and viable options are available and on stream. People don't have much of a choice when alternative's aren't readily available.

Manach

This is an example of a Pigouvian tax ( Source : book, Taxes in America) which has a purpose of seeking to impose a cost on an activity as well as generating revenue for the state. The question is how well do we trust the state in pursuing the former instead of being used for the latter purpose. Then there is power of the various Green lobbyist's which will look to this to fund their activities, which the state wishing to appear virtuous would do readily.

emo72

i need to heat my home.i need to commute to work. i cant afford a new electric car, i cant afford to retrofit my house. rich people can. i guess i get penalised for being poor again. perfect solution for you and your boys again leo. fair play.

amandstu

Infini wrote: »

I'm personally of the view that a "Carbon Tax" is just an excuse to extract money from people nothing more nothing less. I'm not ignoring the environmental issue's either but something like this should only be happening once environmentally friendly and viable options are available and on stream. People don't have much of a choice when alternative's aren't readily available.

I thought they mentioned grants to be available for retrofitting houses ,that sort of thing.

If there was carrot with the stick might it be more effective?

The alternative in my mind is to lay down a scorched earth policy for our children.

There is going to have to be pain and we will have to make it up as we go along ( or just turn the blind self regarding and self pitying eye)

marno21

Imposing a carbon tax whilst continuing to subsidise the burning of filthy peat to generate electricity is madness. There are some pretty stupid policies that could do with changing before a carbon tax which needs alternatives to be provided to work effectively.

fritzelly

Are you talking about this
https://www.thejournal.ie/carbon-tax-2-4563817-Mar2019/

"acknowledges that a carbon price trajectory to €80 per tonne by 2030 would play an important role in the State’s response to climate change"

So instead of finding alternative/better ways lets just tax the crap out of everyone so we can pretend it doesn't really exist
And that headline doesn't even indicate the true cost - from €50 euro per year to €200 for the average user, not the spin of increasing it to €80

The government doesn't care about the fines as they will just keep passing the charge onto the average Joe Bloggs through more taxation
Even when you don't pay the carbon tax you are hit with the PSO levy to fund renewable energies - I see that is happening everywhere not.

force eleven

Infini wrote: »

I'm personally of the view that a "Carbon Tax" is just an excuse to extract money from people nothing more nothing less. I'm not ignoring the environmental issue's either but something like this should only be happening once environmentally friendly and viable options are available and on stream. People don't have much of a choice when alternative's aren't readily available.

And all the while the massive countries such as China, India, Brazil USA continue to spew out the gas which we get severely penalized for. It's another EU method of income which our government follows like the lamb following the ewe. I believe in conservation, and while our leaders espouse the need for cutting back on carbon emissions we build new motorways and bypasses, put pylons and huge wind farms across previously unspoilt landscapes. We've ruined the very things we want to save. Priorities have been shot to hell.

amandstu

fritzelly wrote: »

Are you talking about this
https://www.thejournal.ie/carbon-tax-2-4563817-Mar2019/

"acknowledges that a carbon price trajectory to €80 per tonne by 2030 would play an important role in the State’s response to climate change"

So instead of finding alternative/better ways lets just tax the crap out of everyone so we can pretend it doesn't really exist
And that headline doesn't even indicate the true cost - from €50 euro per year to €200 for the average user, not the spin of increasing it to €80

The government doesn't care about the fines as they will just keep passing the charge onto the average Joe Bloggs through more taxation
Even when you don't pay the carbon tax you are hit with the PSO levy to fund renewable energies - I see that is happening everywhere not.

Yes that was it and I was the dupe but a start has to be made and facile headlines can be both harmful and useful.

There are surely better and cleverer ways of attacking the problem but time is not on our (well our children's) side and we have to learn from our mistakes as we go.

One way or another a green economy has to be kick started with a combination of socialist,capitalist and whateverittakesist policies.

Even idiotic cul de sacs have their place...and carbon taxes have not been debunked per se so far as I know.

There is going to be pain all round and that pain has to be shared equitably (on the off chance that it is not already too late)

Ubbquittious

Waste of time. They need to close Moneypoint and a few of the other fuel burning power stations soon if they want to make any difference

TheQuietFella

A ban or a tax on plastic would be more appropriate!

Harry Palmr

The peat power stations will close once their PSO expires next year. Moneypoint is hardly being used and we're not missing it. Every new home should be built with a water heating system sunk into the back garden, every new home should have a passive solar heating and heat recovery and so on.

emo72

TheQuietFella wrote: »

A ban or a tax on plastic would be more appropriate!

Yeah the amount of plastic going into the ocean is a more pressing concern. Who ever thought the idea of putting plastic microbeads into cosmetics was a good idea? We'll pollute ourselves before we drown ourselves.