Finance Bill 2026: Committee and Remaining Stages
Dail Éireann — 2026-06-17
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Robert Troy (FF), Longford-Westmeath

What I am quoting are the figures from 2025 and 2026. I have outlined how the €1.114 billion was allocated to each Department. I cannot break it down in granular form for the Deputy here today, but what I am outlining, at a high level, is how the money collected is going back to the various Departments. When carbon tax was introduced initially, my understanding was that the first €20 was not ring-fenced and that anything over and above that was for the measures I have outlined already. I will come back to the Deputy on what he is saying about the period 2020 to 2023. The figures I have quoted this evening are from 2025 and to date in 2026.
Fundamentally, the Deputy is opposed to the policy. I recognise that. He has been consistent in his approach to it, and that is fair and is his prerogative. What we have said is that this is a policy that has been introduced to change behaviour. It has been done in a way to protect those at the lowest income levels from unintended consequences and to generate funding that can be reinvested in permanent measures that will help people through environmental schemes in agriculture, deep retrofitting and the increases in the SEAI grants, which the relevant Minister, Deputy O’Brien, announced earlier this year. The figures I have spoken about are for 2025 and 2026.

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Retrieved: 2026-09-21T01:01:09+00:00
Sitting date: 2026-06-17