Taxpayers facing €7bn bill for missing carbon emissions targets

The spend on carbon credits would represent more than treble the cost of the National Children’s Hospital with the benefits going to countries that have spare carbon credits

16th June, 2019

The state is facing the prospect of paying out almost €7 billion in ‘dead money’ if it continues to miss its carbon emission targets over the next decade, according to new figures.

The spend on carbon credits would represent more than treble the cost of the National Children’s Hospital with the benefits going to countries that have spare carbon credits.

It comes ahead of the launch of the government’s climate action...

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