Our recent submission on Carbon Tax asked that any revenues collected be ringfenced specifically to fund public and sustainable transport, enable businesses to transition to a low carbon future, and protect against fuel poverty.

Speaking from New York, An Taoiseach, Leo Varadkar this week confirmed that carbon taxes will be ringfenced for climate action in Budget 2020. More details on the comments to the United Nations General Assembly can be read here. Cork Chamber's recent pre-budget submission can be viewed and downloaded here.