People in Ireland might face a price hike of up to €3,000 in their energy bills because of “climate change targets” – TheLiberal.ie – Our News, Your Views
December 19, 2018

People in Ireland might face a price hike of up to €3,000 in their energy bills because of “climate change targets”

Families across Ireland may face a hike of up to €3,000 in their energy bills if the Government fails to meet certain targets aimed at curtailing climate change.

According to a report published by the Economic and Social Research Institute (ESRI), the current €20 per tonne carbon tax may need to be hiked to €470, if the targets are not met.

If the hike does come to pass, heating bills and motoring costs may rise to prohibitively high levels.

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