Link carbon tax to emissions targets, urges IEA

Link carbon tax to emissions targets, urges IEA

The energy body has warned that Ireland’s overall energy system remains heavily reliant on fossil fuels, and is on course to miss carbon emissions reduction targets for 2020 'by a large margin'

The International Energy Agency (IEA) has urged the government to look at triggering automatic rises in carbon taxes when emission targets are not met.

The IEA said the rate had not changed since 2014, and its impact on consumer behaviour was weakening as living standards rose.

It also urged the government to plough back any extra revenue from carbon tax increases into energy efficiency measures.

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